Fed saw aggressive rate hikes providing flexibility later this year

May 26, 2022 7:17 AM

WASHINGTON (BLOOMBERG) – US Federal Reserve officials agreed at their gathering this month that they need to raise interest rates in half-point steps at their next two meetings, continuing an aggressive set of moves that would leave them with flexibility to shift gears later if needed.

Source : https://www.straitstimes.com/business/economy/fed-saw-aggressive-rate-hikes-providing-flexibility-later-this-year