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Fed Continues To Favor "Gradual Approach" To Raising Rates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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Amid recent concerns the Federal Reserve may raise interest rates more aggressively than currently anticipated, the minutes of the central bank's September monetary policy meeting showed members continue to favor a "gradual approach" to hiking rates.

The assessment that the "gradual approach" remains appropriate comes as the meeting participants generally judged that the economy was evolving about as anticipated.

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