Fed will raise rates more aggressively if needed, Powell says - Reuters.com


3/21/2022 12:00:00 AM3 years 1 month ago

Federal Reserve Chair Jerome Powell on Monday delivered his most muscular message to date on his battle with too-high inflation, saying the central bank must move "expeditiously" to raise rates and possibly "more aggressively" to keep an upward price spiral f…

March 21 (Reuters) - Federal Reserve Chair Jerome Powell on Monday delivered his most muscular message to date on his battle with too-high inflation, saying the central bank must move "expeditiously"… [+5640 chars]

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