Fed Minutes Suggest a More Gradual Pace of Rate Hikes Ahead

The minutes from the November 1-2, 2022 Federal Open Market Committee (FOMC) meeting showed that the Fed remains committed to bringing inflation back to target, but will likely moderate the pace of rate hikes. On the progression of the economy, the Committee members noted that “recent indicators pointed to modest growth of spending and production. […]

The post Fed Minutes Suggest a More Gradual Pace of Rate Hikes Ahead appeared first on Action Forex.