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Powell says that rates will rise more and remain high ‘for some time.’

The New York Times – Business:

The Federal Reserve chair said the central bank will keep lifting rates to control price increases, and played down a recent cooling in inflation.

Jeanna Smialek
Author: Jeanna Smialek

This post first appeared in The New York Times – Business. Read the original article.

Written by

Jeanna Smialek

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Federal Reserve System, Government Bonds, Inflation (Economics), Interest Rates, Powell, Jerome H, Prices (Fares, Fees and Rates), United States Economy, Wages and Salaries
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