Federal Reserve officials divided on interest rate decision as inflation slows and credit tightens
- High interest rates are restricting borrowing and economic growth, but inflation remains above target.
- Officials debate pausing rate hikes or continuing increases at next meeting.
- Chair Jerome Powell suggests rate hikes and credit tightening may achieve Fed's goals, allowing a potential pause.
- Economic indicators and inflation will determine if rates stay on hold or increase again.
- Markets expect rate cuts later this year, but officials say it's too early to determine if cuts are coming.










































































































































































































































































































































































































































