Fed Officials Hint At Pause In Interest Rates, Await Further Data

Across a range of interviews and statements in recent days, Fed officials have signaled a wait and see approach on future interest rate moves. That’s in contrast to past statements that made it very clear more interest rate hikes were coming.

Officials in a range of statements and interviews over recent weeks discussed further interest rate hikes in more measured terms, signaling a greater degree of confidence that inflation battle may be starting to draw to a close, though noting that inflation still remains too high.