Federal Reserve Inflation Federal Open Market Committee Pause European Central Bank U.S. Federal Reserve Economic Outlook Inflation Fight Consecutive Rate Hikes 50 Basis Point Increase Possible Rate Hikes Later This Year US Federal Reserve Bank of Atlanta Inflation Expectations Core US Inflation Inflation Target Pace of Rate Hikes Inflation Control Future Increases Central Bank Decision Making July 2022 Economic Impact Federal Reserve Board Chairman Jerome Powell Fed Announcement Inflation Containment Future Impact Dampen Demand Fed Decision Aggressive Streak Waller's Optimism Federal Reserve Chairman Jerome Powell December 2023 Inflation Targeting June Meeting Economic Growth Pause in Rate Increases Financial Stability Inflationary Pressure Bank of England Fed Meeting Decisions