Fed prepared to raise interest rates 'aggressively': Powell - CNA

3/21/2022 12:00:00 AM3 years 1 month ago
WASHINGTON: The US central bank is prepared to raise interest rates by bigger steps than the quarter-point hike announced last week if that is what's needed to contain "much too high" inflation, Federal Reserve Chair Jerome Powell said on Monday (Mar 21). …
WASHINGTON: The US central bank is prepared to raise interest rates by bigger steps than the quarter-point hike announced last week if that is what's needed to contain "much too high" inflation, Fede… [+3201 chars]
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