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The US Federal Reserve is prepared, if needed, to hike interest rates further in order to bring inflation down to its long-term two percent target, Fed Chair Jerome Powell said Thursday. “We know that ongoing progress toward our two percent goal is not assured: Inflation has given us a few head fakes,” Powell told a […]
The US Federal Reserve is prepared, if needed, to hike interest rates further in order to bring inflation down to its long-term two percent target, Fed Chair Jerome Powell said Thursday. “We know that ongoing progress toward our two percent goal is not assured: Inflation has given us a few head fakes,” Powell told a […]
The post US Fed could hike rates again if ‘appropriate’: Powell appeared first on Insider Paper.
https://insiderpaper.com/us-fed-could-hike-rates-again-if-appropriate-powell/
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