Fed delivers small rate hike, flags possible pause in tightening cycle https://ift.tt/BFzsadq

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and signaled it may pause further increases, giving officials time to assess the fallout from recent bank failures, wait on the resolution of a political standoff over the US debt ceiling, and monitor the course of inflation.

from Times of India https://ift.tt/YkwAfuO

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