Fed Set to Slow Pace of Rate Hikes as Inflation Grinch Loses Steam

14 December 2022

The Federal Reserve will conclude its last policy meeting of the year on Wednesday on the back of a surprise drop in inflation, consensus around a slowed pace of interest rate increases, and markets primed for a coming halt in the monetary tightening. Fed officials signaled in recent weeks that they would raise the U.S. central bank’s benchmark…

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