Fed officials see grounds for soon slowing rate-hike pace ...Qatar

The Federal Reserve looked closer to moderating aggressive interest-rate increases after welcome news on inflation, with four officials backing a downshift even as they stressed that monetary policy needs to stay tight. “While I believe it may soon be appropriate to slow the pace of rate increases so we can better assess how financial and economic conditions are evolving, I also believe a slower pace should not be taken to represent easier policy,” Dallas Fed President Lorie Logan told a conference hosted by her bank in Houston on Thursday. Data released on Thursday showed consumer prices cooling by more than expected in October, with the consumer price index rising 7.7% from a year earlier

Read More Details
Finally We wish PressBee provided you with enough information of ( Fed officials see grounds for soon slowing rate-hike pace )

Also on site :

• Rough start dooms SB Foresters
• NFC‑enabled music key cards
• Top Western firms switching to Chinese AI – WSJ