Federal Reserve Chairman Jerome Powell bluntly warned in a speech last month that the central bank's efforts to curb inflation…
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Fed June meeting preview: Prepare for fastest rate hike since 1994 to fight excess inflation
Economists like to say that interest rates make the elevator go down and the stairs go up. The metaphor underscores…
Powell says Fed will not hesitate to keep raising rates until inflation falls
Federal Reserve Chairman stressed his determination to reduce inflation, saying on Tuesday that he would support raising interest rates until …