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Fed's Powell says it's 'premature' to pause interest rate hikes: 'A way to go'

Por: Fox Business Business November 02, 2022

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FOX Business' Edward Lawrence asks Fed Chair Jerome Powell how much of a headwind government spending is to the Fed's inflation target and its plans for future rate hikes. Federal Reserve on Wednesday dashed any hopes that investors had for an interest rate hike pivot. Speaking at a press conference after the – during which policymakers delivered the fourth straight 75-basis-point rate increase – Powell struck a surprisingly... + full article



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