Higher rates needed to curb inflation: Powell - Jobs World

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Wednesday, June 21, 2023

Higher rates needed to curb inflation: Powell

Higher rates needed to curb inflation: Powell https://ift.tt/EgZPYyo may make sense to continue moving rates higher in the coming months, but at a more moderate pace, Powell said in response to lawmakers' questions about the Fed's plans. The timing of additional hikes will be based on incoming data, he said in his opening statement.

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