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Fed Vice Chair Signals Possible Delay Before Next Rate Hike

Original: Fed Vice Chair: Central Bank ‘May Take More Time’ Before Another Rate Hike

Federal Reserve Vice Chair Philip Jefferson said the central bank 'may take more time' before deciding on another interest rate hike. The remarks suggest policymakers want to assess whether previous increases are sufficiently restraining inflation, and they point to a patient approach at upcoming meetings.

Why now: Markets and borrowers are closely watching Fed officials for clues on whether rates will rise again and when.

Federal ReservePhilip Jefferson

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• Fed Vice Chair: Central Bank ‘May Take More Time’ Before Another Rate Hike · themortgagepoint.com

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