interest rate: Fed creeps towards next phase in its fight ag

interest rate: Fed creeps towards next phase in its fight against inflation

Fed officials will release economic projections after their gathering this week, which takes place Tuesday and Wednesday, offering a fresh look at whether most policymakers still think one final rate increase is likely to be necessary. The projections will also show how officials are interpreting a confusing moment in the economy, when consumer spending has been stronger than many economists expected even as inflation has cooled down a bit more quickly.

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