Fed to Downshift to Half-Point Hike But Point to Higher Peak
The Federal Reserve is poised to moderate its aggressive tightening on Wednesday while signaling that interest rates will ultimately go higher than previously forecast.
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### Instruction: Fed to Downshift to Half-Point Hike But Point to Higher Peak

### Response: The Federal Reserve is poised to moderate its aggressive tightening on Wednesday while signaling that interest rates will ultimately go higher than previously forecast.