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Fed Chair Powell says smaller interest rate hikes could start in December

March 16, 2024November 30, 2022
Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, DC, on July 27, 2022

WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequate. Echoing recent statements from other … Read more

Categories Economy Tags Jerome Powell, labor market, stock markets, supply chain issues, US Federal Reserve

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