Fed Signals Further Rate Hikes Ahead Despite Cautious Optimism on 'Soft Landing'
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Fed Chair Powell says they will hike rates further if needed to curb inflation. Inflation remains a concern despite recent declines.
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Most Fed policymakers expect another rate hike in 2022, but are unsure if more will be needed. Views vary on whether rates need to rise further.
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Economic data shows strength, raising hopes of a 'soft landing' where inflation falls without a recession.
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Powell says elected officials, not the Fed, should set climate policy. His speech disrupted by protesters again.
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Futures traders see very high odds of no rate hike at December Fed meeting. But outlook beyond that is uncertain.