Fed hikes rate by 25 bps but signals possible pause in tightening cycle

But the accompanying policy statement dropped language saying that its rate-setting Federal Open Market Committee still "anticipates that some additional policy firming may be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2% over time."

from Stocks-Markets-Economic Times https://ift.tt/Vx3TqGD