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The US Federal Reserve is prepared to raise interest rates higher -- and hold them there -- in order to bring down elevated inflation
The US Federal Reserve is prepared to raise interest rates higher — and hold them there — in order to bring down elevated inflation, chairman Jerome Powell said Friday. “We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident that inflation is moving […]
The post US Fed ‘prepared to raise rates further’ on too-high inflation: Powell appeared first on Insider Paper.
https://insiderpaper.com/us-fed-prepared-to-raise-rates-further-on-too-high-inflation-powell/
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