Tagged: Federal Reserve

Signals Point to Gentler Federal Reserve in 2023

Signals Point to Gentler Federal Reserve in 2023

Banking & Finance

The Fed's goal in raising interest rates has been to fight inflation by making borrowing more difficult and to slow economic growth. The strategy, though, hurts investment prices and risks slowing the economy too much and causing a recession. read more >

Fed Minutes: Officials Cited Strong Hiring to Justify Hikes

Fed Minutes: Officials Cited Strong Hiring to Justify Hikes

Banking & Finance

In the minutes of their mid-December meeting released Wednesday, the officials also underscored that a slowdown in their rate hikes — from four three-quarter point hikes in a row to a half-point increase — "was not an indication of any weakening" in their resolve to bring inflation back down to their 2% target. read more >