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Fed signals higher-for-longer rates with hikes almost finished

After a series of rapid rate hikes over the past 18 months, the Fed can now “proceed carefully,� Powell said — a sentiment he repeated at least a dozen times Wednesday during a press conference that followed the central bank’s decision to leave rates unchanged.

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​ After a series of rapid rate hikes over the past 18 months, the Fed can now “proceed carefully,â€� Powell said — a sentiment he repeated at least a dozen times Wednesday during a press conference that followed the central bank’s decision to leave rates unchanged. After a series of rapid rate hikes over the past 18 months, the Fed can now “proceed carefully,â€� Powell said — a sentiment he repeated at least a dozen times Wednesday during a press conference that followed the central bank’s decision to leave rates unchanged.  Moneycontrol Latest News Read More  

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