The November inflation report won't change Wednesday's Fed decision but could influence a slower pace of tightening next year, economist says

Dec 13 2022 by Business Insider

 
Chair of the U.S. Federal Reserve Jerome Powell speaks at the Brookings Institution, November 30, 2022 in Washington, DC. Powell discussed the economic outlook, inflation and the labor market.

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Wednesday's rate hike decision won't be influenced by the latest inflation report, according to Ian Shepherdson.  The Pantheon Macroeconomics chief economist wrote in a Tuesday note that the Fed could slow down in 2023.  He noted encouraging signs of disinflationary pressure...
Continue Reading The November inflation report won't change Wednesday's Fed decision but could influence a slower pace of tightening next year, economist says