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Fed Chair Signals Faster, Larger Rate Hikes

Posted

March 8, 2023

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Fed Chair Jerome Powell, testifying before the Senate Banking Committee on Tuesday, said the Federal Reserve is likely to approve faster and larger interest rate hikes. With inflation persistent and data indicating building price pressures in the services sector, market hopes of a relaxation in monetary policy in 2023 appear increasingly optimistic.  Presented by @cmegroup

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Fed Chair Jerome PowellSenate Banking CommitteeFederal ReserveBloomberg Originals Bloomberg QuicktakeYouTube Breaking NewsYouTube Twitter Facebook Instagram

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