With inflation an increasing challenge, it's more likely that the central bank will have to cause a recession to stop it, said Fed Chair Jerome Powell.
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Federal Reserve Chair Jerome Powell likely to be pressed on whether Fed will slow rate hikesLooming over the Federal Reserve meeting that ends Wednesday is a question of intense interest: Just how high will the Fed's inflation-fighters raise interest rates?
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Federal Reserve Chair Jerome Powell likely to be pressed on whether Fed will slow rate hikesLooming over the Federal Reserve meeting that ends Wednesday is a question of intense interest: Just how high will the Fed's inflation-fighters raise interest rates?
Read more »
Federal Reserve Chair Jerome Powell likely to be pressed on whether Fed will slow rate hikesLooming over the Federal Reserve meeting that ends Wednesday is a question of intense interest: Just how high will the Fed's inflation-fighters raise interest rates?
Read more »
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Here's how the stock market has handled Fed decision days under Jerome PowellSince Jerome Powell took over the Federal Reserve, the S&P 500 index has averaged a gain of about 0.3% on “Fed days,” according to an analysis by Bespoke Investment Group:
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