Fed, set to impose smaller hike, may hint of fewer increases (access required)

By: The Associated Press January 31, 2023 Comments Off

The Federal Reserve is poised this week to raise its benchmark interest rate for an eighth time since March. But the Fed will likely announce a smaller hike for a second straight time, and it could change some key wording in its post-meeting statement about future rate increases. A change in its statement, if there is one, ...

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Fed, set to impose smaller hike, may hint of fewer increases

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