Federal Reserve Contemplates Another Rate Increase Amid Inflation Concerns

Officials are not in a hurry to raise rates, encouraged by signs of moderating inflation.

Federal Reserve officials are considering another rate increase to ensure that rapid inflation will fully fade.
Officials are encouraged by signs that inflation is moderating and are not in a hurry to raise rates.
Fed policymakers had predicted one more 2023 rate move, but investors think there is little chance they will raise rates at their final meeting of the year.
If the economy retains too much vim, companies may continue to raise prices at a faster clip than usual.
While employers continued to hire in October, they did so at a much slower pace.