Business · Economy · 2 days ago

Fed officials say there is no rush for a second straight rate hike

Fed officials say there is no rush for a second straight rate hike

The US central bank raised interest rates last month to tackle high inflation.

Some of its officials say it does not need to raise rates again right away.

The Fed will decide what to do at its October 27–28 meeting.

Its choice can affect borrowing costs for people and businesses.

Sources

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