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

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

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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