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  • NEWS Desk Global
    • May 3, 2023
    • 1 min read

FED LIKELY TO HIKE RATES AND HINT AT PAUSE IN TIGHTENING CYCLE


The Federal Reserve is expected on Wednesday to raise interest rates and perhaps signal a pause in its 14-month tightening cycle, as policymakers balance the need to slow inflation against a pressing set of risks ranging from bank failures to the possibility of a U.S. debt default as soon as next month.

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