Fed Sets Course for Milder Interest-Rate Rise in February

Fed officials are on track for a smaller interest-rate rise at their coming meeting and could discuss when to pause rate increases later this spring

Federal Reserve Chair Jerome Powell in mid-December announced an interest-rate increase of 0.5 percentage point and said the Fed expects that more rises will be appropriate. Photo: Al Drago/Bloomberg NewsFederal Reserve officials are preparing to slow interest-rate increases for.

Federal Reserve Chair Jerome Powell in mid-December announced an interest-rate increase of 0.5 percentage point and said the Fed expects that more rises will be appropriate. Photo: Al Drago/Bloomberg NewsFederal Reserve officials are preparing to slow interest-rate increases for

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