Fed faces tough task deciding when to stop raising rates, official warns

Fed faces tough task deciding when to stop raising rates, official warns

The U.S. central bank is entering a new phase of policy tightening that will be more difficult to manage, a senior official has warned, as pressure mounts on the Federal Reserve to temper what has become one of its toughest campaigns. aggressively raising interest rates for decades. “This next phase of policy making is much …

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