Latest Fed Increase Came Down to the Wire. ‘That Was a Rough Weekend’
Wall Street Journal, Apr. 6, 2023–Nick Timiraos (subscription)
Federal Reserve Chair Jerome Powell and his colleagues faced their closest call on interest rates in years. It wasn’t until the clock was ticking down two days before their scheduled decision last month that senior leaders settled on a plan to lift them by a quarter percentage point.
https://www.wsj.com/articles/latest-fed-decision-to-raise-rates-came-down-to-the-wire-that-was-a-rough-weekend-b70fa204?mod=hp_lead_pos1