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Wednesday, November 30, 2022

'Rate-hike slowdown possible next month, inflation fight far from over'

The Federal Reserve could scale back the pace of its interest rate hikes "as soon as December," Fed Chair Jerome Powell said on Wednesday, while cautioning the fight against inflation was far from over and that key questions remain unanswered, including how high rates will ultimately need to rise and for how long.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AuMngJY

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