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Economy’s solid growth could require additional Fed hikes to fight inflation, Powell says

Por: Portland Press Herald World August 25, 2023

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Trader John Bowers works on the floor of the New York Stock Exchange on Friday as Federal Reserve Chair Jerome Powell’s speech shows on a TV screen. Richard Drew/Associated Press JACKSON HOLE, Wyoming — The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain nature of the economic outlook. Powell... + full article



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