Fed Vice Chair Brainard says it may ‘soon’ be appropriate to move to slower pace of rate hikes

Posted on AllSides November 14th, 2022
From The Center
Andrew Harrer | Bloomberg | Getty Images

Federal Reserve Vice Chair Lael Brainard indicated Monday that the central bank could soon slow the pace of its interest rate increases.

With markets expecting a likely step down in December from the Fed’s rapid pace of rate increases this year, Brainard confirmed that a slowdown if not a stop is looming.

“I think it will probably be appropriate soon to move to a slower pace of rate increases,” she told Bloomberg News in a live interview.

That doesn’t mean the Fed will stop raising rates, but it at least...

Read full story
Some content from this outlet may be limited or behind a paywall.

CNBC

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
111460/86477
See full bias rating for CNBC
Learn about media bias
https://www.cnbc.com/2022/11/14/fed-vice-chair-brainard-says-it-may-soon-be-appropriate-to-move-to-slower-pace-of-rate-hikes.html

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right