Fed Sets Course for Milder Interest-Rate Rise in February

[mahatmakanejeeves]

ECONOMY

Fed Sets Course for Milder Interest-Rate Rise in February

Officials could begin weighing whether and when to pause rate increases this spring

By Nick Timiraos
https://twitter.com/NickTimiraos
[e-mail]
Jan. 22, 2023 7:00 am ET

Federal Reserve officials are preparing to slow interest-rate increases for the second straight meeting and debate how much higher to raise them after gaining more confidence inflation will ease further this year.

They could begin deliberating at the Jan. 31-Feb. 1 gathering how much more softening in labor demand, spending and inflation they would need to see before pausing rate rises this spring.

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[peppertree]

1. Frankly, with annualized inflation now around 2% - there's no reason for any further rate hikes

If a Repug were president, Powell would start ruminating about "easing" rates right about now.