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US Fed expected to pause again as inflation edges closer to target
US Fed expected to pause again as inflation edges closer to target
Economy
by  AFP

The US Federal Reserve is widely expected to hold interest rates at a 22-year high for a third consecutive meeting on Wednesday as it continues to fight elevated inflation. Daco from EY said the Fed is fighting a "battle for optionality" in which policymakers continue to insist that another interest rate hike could happen, "if deemed necessary."