This slowdown strategy should make it possible to better assess progress in the fight against inflation while preserving the labor market, according to the US central bank.
Most members of the US Federal Reserve (Fed) Monetary Committee believe that a slowdown in rate hikes will be “appropriate soon”, according to the minutes of the last Fed meeting held on the 1st and 2nd November, published on Wednesday.
“A slower pace of rate hikes should allow the Committee to better assess progress” in fighting inflation while preserving the job market, according to these Fed “minutes.”
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Source: BFM TV
