"Fed's Bullhorn": "Slowing down the pace" may mean two rate hikes in three meetings."

BlockBeats news: On July 27th, Federal Reserve Chairman Powell stated that a more gradual pace of interest rate hikes does not necessarily mean a rate hike at every other meeting. In response, Wall Street Journal reporter Nick Timiraos, known as the "Fed Whisperer," interpreted Powell's statement as potentially indicating two rate hikes out of three meetings with a "slower pace." (Jinse)