Fed Chairman: Interest Rates Likely To Increase, But At A Slower Pace

The Federal Reserve will slow down the pace of interest-rate hikes, Chair Jerome Powell said on Wednesday, giving markets hope that the aggressive cycle of rate increases will ease up.

Details: https://www.cbsnews.com/minnesota/news/fed-interest-rate-hikes-slow-jerome-powell-brookings/?intcid=CNM-00-10abd1h

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