Inflation Slows but Fed Says Future Rate Hikes Possible

Originally published on November 22, 2023, by Erik Sherman for

In the minutes of the last Federal Open Market Committee’s meeting, held from October 31 to November 1, the overall take was, “Financial conditions continued to tighten, driven by higher yields on Treasury securities as well as by lower equity prices and a stronger dollar, which themselves partly reflected higher interest rates.”

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