Fed Officials Say More Rate Hikes Needed, Despite Slowing Inflation

Reuters, Aug. 11, 2022–Ann Saphir, Howard Schneider
Slowing U.S. inflation may have opened the door for the Federal Reserve to temper the pace of coming interest rate hikes, but policymakers left no doubt they will continue to tighten monetary policy until price pressures are fully broken.
https://www.reuters.com/markets/us/fed-now-seen-delivering-50-bp-hike-sept-after-inflation-eases-2022-08-10/