The Fed is likely going to pause interest rate hikes as inflation starts to cool down, Moody's chief economist says
The Federal Reserve's aggressive interest-rate hiking regime has likely come to an end, according to Moody's chief economist.
US consumer price pressures have cooled from highs of 9.1% last June thanks to the Fed's unforgiving monetary policy. The central bank has raised benchmark rates 10 times since their first pandemic hike in March 2022.
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