Powell: U.S. Federal Reserve is "prepared to raise rates further" as inflation is still too high

1 year ago
98

Powell: U.S. Federal Reserve is "prepared to raise rates further" as inflation is still too high

Federal Reserve Chair Jerome Powell signaled the US central bank is prepared to raise interest rates further if needed and keep borrowing costs high until inflation is on a convincing path toward the Fed’s 2% target

Loading comments...