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Fed Sees Half-Point Rate Hikes at the ‘Next Couple of Meetings.’ Why That’s OK.

Brian Hershberg
·3 min read
Fed Sees Half-Point Rate Hikes at the ‘Next Couple of Meetings.’ Why That’s OK.

The central bank's minutes from its May 3-4 meeting show broad concern about reining in inflation at the risk of slowing growth.

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