Fed Bostick: tends to suspend interest rate hikes at its June meeting

[Fed Bostick: tends to suspend interest rate hikes at its June meeting] Federal Reserve Bostick said that he preferred to suspend interest rate increases at the June FOMC meeting; if inflation worsened again, he would adopt a completely different wording; the Fed is now facing the hardest part of reducing inflation; it is actively dealing with the pressure on the banking sector, hoping that the worst is over.