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Fed Chair Jerome Powell: Strong hiring could force further rate hikes

Por: Los Angeles Times Business February 08, 2023

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Federal Reserve Chair Jerome H. Powell said Tuesday that that if the U.S. job market further strengthens in the coming months or inflation readings accelerate, the Fed might have to raise its benchmark interest rate higher than it now projects. Powell’s remarks followed the government’s blockbuster report last week that employers added 517,000 jobs in January, nearly double December’s gain. The unemployment rate fell to its lowest level in... + full article



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