Fed Vice Chair Brainard says it may ‘soon’ be appropriate to move to slower pace of rate hikes
Posted on AllSides November 14th, 2022
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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...
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