WSJ News Exclusive | Retiring Chicago Fed President Sees Path for Slower Pace of Rate Rises
A long-serving Federal Reserve official set to retire from the central bank next week said he was hopeful milder inflation data would allow for the Fed to raise interest rates in more traditional quarter-percentage-point increments at its next meeting.
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### Instruction: WSJ News Exclusive | Retiring Chicago Fed President Sees Path for Slower Pace of Rate Rises

### Response: A long-serving Federal Reserve official set to retire from the central bank next week said he was hopeful milder inflation data would allow for the Fed to raise interest rates in more traditional quarter-percentage-point increments at its next meeting.