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Powell Indicates Two or More Fed Interest-Rate Hikes by End of Year
Posted
June 29, 2023
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June 29, 2023
8,244
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1:33Now PlayingA strong majority of Federal Reserve policy makers say "it will be appropriate to raise interest rates two or more times by the end of the year," Fed Chair Jerome Powell said during a speech at the Bank of Spain in Madrid, Friday. "The process of getting inflation back down to 2% has a long way to go," he also said.
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