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US Fed likely to pause rate hikes and raise growth forecast

Analysts expect the US Federal Reserve to pause interest rate hikes on Wednesday as the central bank looks to tame inflation while avoiding a recession, despite a recent energy-fueled rise in consumer prices.Despite rising slightly due to increased energy costs, inflation remains well below last year's peak, while economic growth remains robust and the unemployment rate sits close to record lows raising hopes the Fed can slow price increases without triggering a downturn. ....

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Fed likely to pause rate hikes, raise growth forecast

Fed likely to pause rate hikes, raise growth forecast
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