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Powell Says Strong Economic Data ‘Could Warrant’ Higher Rates

The Federal Reserve may need to do more if growth remains hot or if the labor market stops cooling, Jerome H. Powell said in a speech.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

in

Consumer Behavior, Federal Reserve System, Government Bonds, Inflation (Economics), Interest Rates, Israel-Gaza War (2023- ), Labor and Jobs, Powell, Jerome H
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