Fed signals limited additional tightening despite stubborn inflation
After raising rates Wednesday, the Federal Reserve signaled more tightening ahead but penciled in only a limited number of rate hikes in the coming months.
The Federal Reserve raised interest rates on Wednesday to try to hasten a return to price stability. Policymakers signaled that additional tightening lies ahead, but they penciled in only a limited number of rate hikes over the coming months, even with inflation expected to…