Fed May Pause Rate Hikes as It Awaits Data, Expert Suggests

Reported 1 day ago

As the Federal Reserve convenes for its FOMC meeting, economist Ian Wyatt speculates that the Fed may pause interest rate hikes while analyzing incoming data. He notes ongoing inflationary pressures in crucial sectors like services and durable goods, although some easing is observed in car prices and rent. Wyatt anticipates a period of stability in monetary policy as the bank assesses these economic indicators.

Source: YAHOO

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