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Powell Signals Fed Will Raise Rates If Needed, Keep Them High
Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further if needed and intends to keep borrowing costs high until inflation is on a convincing path toward the Fed's 2% target.
"Although inflation has moved down from its peak — a welcome development — it remains too high," Powell said in a speech Friday...
Powell Signals Fed Will Raise Rates If Needed, Keep Them High
Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further if needed and intends to keep borrowing costs high until inflation is on a convincing path toward the Fed's 2% target.
"Although inflation has moved down from its peak — a welcome development — it remains too high," Powell said in a speech Friday...
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madee : stop sending me all the news and advertisements from Moomoo
madee Derpy Trades : yes turn it off
madee : How?
madee : Thanks