Fed Chairman Jerome Powell has apparently ruled out more aggressive rate hikes in the future following a 50 basis point increase Wednesday, saying at a press conference that anything higher than that is “not something we’re actively considering.” 

“A 75-basis-point increase is not something we’re actively considering,” Powell said at the presser, as reported by CNBC. “I would say I think we have a good chance to have a soft or softish landing, or outcome if you will.”

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