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Fed Officials Signal a Pause to Interest Rate Increases

Jan 10, 2019 - The New York Times

WASHINGTON -- A pair of influential Federal Reserve officials said Wednesday that the central bank should pause to assess economic conditions before considering additional interest rate increases, reinforcing the message delivered last week by the Fed chairman, Jerome H. Powell.

The Fed on Wednesday also published an account of its most recent meeting, in December, which showed that most Fed officials had already reached a similar conclusion at that time.

Taken together, the speec...