The Fed: Powell says pace of interest-rate increases can slow as soon as December meeting

The Fed: Powell says pace of interest-rate increases can slow as soon as December meeting

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Federal Reserve Chairman Jerome Powell indicated Wednesday the central bank may decide to raise interest rates at a slower pace at its next policy meeting. “The time for moderating the pace of rate increases may come as soon as the December meeting,” Powell said, in a speech to the Brookings…

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