Fed Officials Were Divided Over June Rate Pause

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Fed Officials Were Divided Over June Rate Pause
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Federal Reserve officials agreed unanimously to lift rates at their meeting this month but were divided over whether additional increases would be warranted, with more of them signaling they were ready to pause

Updated May 24, 2023 2:13 pm ETFederal Reserve Chair Jerome Powell on Friday suggested he was open to holding interest rates steady at the central bank’s June meeting.

Photo: Al Drago/Bloombergat their meeting this month but were divided over whether additional increases would be warranted, with more of them signaling they were ready to pause.Continue reading your article with

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