Fed "less certain" about the need for further rate hikes

The members of the U.S. Federal Reserve view with "less certainty" the pace at which policy rate hikes should take place from now on, opening the door to a pause, although they remarked that inflation remains above their 2% target. At the meeting, which took place in early May, the U.S. central bank decided to raise the policy rate by 0.25 points to a range of 5% to 5.25%, its…