The Fed Debates: Pause or Cut?

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Source: Yahoo Finance
TL;DR Summary

Federal Reserve Bank of Boston President Susan Collins said the central bank may pause interest rate hikes due to "promising signs" that inflation is moderating. Collins says pausing would offer the Fed the ability to more fully assess the economic impact of the central bank’s 10 rate hikes and tightening credit conditions. The Fed at its last meeting raised the target range for its benchmark interest rate by 0.25%, to its highest level since September 2007. Several officials were leaning toward a pause and many wanted to keep options open given uncertainty about the outlook.

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