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  • Fomc Minutes - Fed Saw Smaller Hikes Ahead To Assess Prior Moves, Minutes Show - The Economic Times

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    The Federal Reserve minutes from their July meeting showed that officials judged it would eventually be appropriate to slow the pace of interest rate hikes in order to assess the effects of their previous tightening actions. The minutes also noted there was a risk that the Fed could tighten policy more than necessary if they did not slow hikes to evaluate the impact on the economy and inflation. Fed officials raised rates by 0.75% at the July meeting to fight high inflation.

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    The Federal Reserve minutes from their July meeting showed that officials judged it would eventually be appropriate to slow the pace of interest rate hikes in order to assess the effects of their previous tightening actions. The minutes also noted there was a risk that the Fed could tighten policy more than necessary if they did not slow hikes to evaluate the impact on the economy and inflation. Fed officials raised rates by 0.75% at the July meeting to fight high inflation.

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    Fomc Minutes - Fed Saw Smaller Hikes Ahead To Assess Prior Moves, Minutes Show - The Economic Times

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    The Federal Reserve minutes from their July meeting showed that officials judged it would eventually be appropriate to slow the pace of interest rate hikes in order to assess the effects of their previous tightening actions. The minutes also noted there was a risk that the Fed could tighten policy more than necessary if they did not slow hikes to evaluate the impact on the economy and inflation. Fed officials raised rates by 0.75% at the July meeting to fight high inflation.

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    8/18/22, 10:50 AM fomc minutes: Fed saw smaller hikes ahead to assess prior moves, minutes show - The

    ior moves, minutes show - The Economic Times

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    Business News › Markets › Stocks › News › Fed saw smaller hikes ahead to assess prior moves, minutes show
    ET Commentary ET Citings

    Fed saw smaller hikes ahead to assess prior moves,


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    minutes show
    Just In Jest

    By Matthew Boesler, Bloomberg Last Updated: Aug 17, 2022, 11:36 PM IST
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    Synopsis
    “Many participants remarked that, in view of the constantly changing nature of the
    economic environment and the existence of long and variable lags in monetary policy’s
    effect on the economy, there was also a risk that the committee could tighten the
    stance of policy by more than necessary to restore price stability,” the minutes showed.

    Federal Reserve officials judged in July it would


    Reuters

    eventually be appropriate to decelerate the pace of


    interest-rate increases while evaluating the effects M.Tech In Big Data Analytics
    Without Quitting Your Job
    of their tightening actions to date.

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    August numbers on jobs and “As the stance of monetary policy tightened
    consumer prices are due out
    before FOMC's September further, it likely would become appropriate at Ask the Crypto Expert
    meeting.
    some point to slow the pace of policy rate Presented By

    increases while assessing the effects of cumulative


    policy adjustments on economic activity and inflation,” according to minutes Nishant Chandra
    Founder, Blocktickets
    of the Federal Open Market Committee’s July 26-27 meeting released
    Wednesday in Washington. Enter your Query*

    “Many participants remarked that, in view of the constantly changing nature


    of the economic environment and the existence of long and variable lags in Max. characters: 1000

    monetary policy’s effect on the economy, there was also a risk that the
    NEXT
    committee could tighten the stance of policy by more than necessary to
    restore price stability,” the minutes showed. MUST KNOW ALL QUESTIONS

    Fed officials raised their benchmark interest rate by 75 basis points at that
    meeting for a second straight month, marking the fastest pace of tightening
    since the early 1980s in a battle against red-hot inflation.

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