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Powell says that Fed may need more aggressive rate hikes

Por: The Hill Politics March 08, 2023

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The Federal Reserve may need more aggressive interest rate hikes as cooling in the U.S. economy and inflation appears to have “partly reversed,” Federal Reserve Chair Jerome Powell said Tuesday. The warning from Powell comes as the Biden administration continues its fight to tame inflation, and could signal a reversal from the central bank after it slowed rate hikes late last year, when there were indications that the U.S. economy may be... + full article



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