Fed’s Brainard Says Rate-Rise Pace Can Slow Soon

by | Nov 14, 2022 | Business

The Federal Reserve is likely to slow its pace of raising interest rates at its meeting next month, a senior official said Monday.
Fed Vice Chair Lael Brainard signaled the central bank is likely to increase rates by 0.5 percentage point at its Dec. 13-14 gathering, following four consecutive increases of 0.75 percentage point. 

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