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Fed minutes show most policymakers want to slow the pace of interest rate rises 'soon'

12 days ago   |   By Business Insider

The US Federal Reserve in Washington DC. Liu Jie/Getty Images
Fed minutes showed a majority of officials are in favour of easing the pace of interest rate rises.
They flagged that rapid hikes increased the risk of instability in the financial system.
The Fed has been lifting rates at a record pace to combat US inflation running at a 40-year high.
A majority of policymakers support slowing the pace of interest rate rises "soon," minutes from the Federal Reserve's November meeting showed. "A substantial majority of participants judged that a slowing in the pace of increase would likely soon...
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Global shares rise on Fed rate hopes despite China worries

Global shares rise on Fed rate hopes despite China worries

12 days ago   |   By Stl Today

Global shares are mostly higher, although optimism about the Federal Reserve holding back on aggressive interest rate hikes was countered by uncertainty over coronavirus restrictions in China. Trading was also relatively muted in Asia ahead of Thanksgiving holidays in the...
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