Tagged: Jobless Rate

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 >