End May Be in Sight for Global Rate-Hike Cycle as Fed Nears Peak
With the first signs of dents in economic growth now visible, and fallout from financial-market tensions lingering, any pause by the Federal Reserve after at least one more increase in May could cement a turn in what has been the most aggressive the world has seen in decades.
Fed's Williams Dismisses Link Between Rapid Rate Hikes and Bank Stress
Federal Reserve Bank of New York President John Williams rejected the idea that the central bank's aggressive interest-rate increases precipitated recent financial strains highlighted by recent banking failures.
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