Powell renews forecast for inflation subsiding toward Fed’s goal - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Powell renews forecast for inflation subsiding toward Fed’s goal

Fed officials surprised financial markets last week when their forecasts showed they pulled forward their expected timing and pace of interest-rate increases, from the current near-zero level, while also kicking off a discussion of when to taper asset purchases from their current $120 billion monthly pace.

from Stocks-Markets-Economic Times
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