Market sell-off won't stop Fed's interest rate hike campaign

  • 📰 axios
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The recent stock market mayhem won't change the Fed's plan for a series of aggressive interest rate hikes meant to curb inflation, Jerome Powell said today.

won't change the Federal Reserve's plan for a series of aggressive interest rate hikes meant to curb soaring inflation, Fed chair Jerome Powell said on Tuesday.

The nation's most influential economic policymaker says the Fed won't back down from an historic campaign to squash prices rising at the fastest pace in 40 years."What we need to see is inflation coming down in a clear and convincing way. We’re going to keep pushing until we see that,” Powell said,"If that involves moving past broadly understood levels of [the neutral interest rate], we won’t hesitate to do that.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 302. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Sheriff: 2 dead, 3 hospitalized in Houston market shootingPolice in Texas said two are dead and three are injured after a shooting at a Houston flea market.
Источник: cleveland19news - 🏆 70. / 68 Прочитайте больше »

Updates on deadly flea market shootingLIVE: HCSO investigators are providing updates after two people were killed and three others were injured in a shooting at a north Harris County flea market....
Источник: KHOU - 🏆 330. / 59 Прочитайте больше »

2 killed, at least 3 others injured in shooting near Texas flea marketTwo people died and several were others injured in a shootout near a Texas flea market Sunday afternoon, according to News4JAX partner station KPRC.
Источник: wjxt4 - 🏆 246. / 63 Прочитайте больше »

2 dead, 3 hurt in shooting at Houston flea marketTwo people are dead and three others are hurt in a shooting at a Houston flea market on Sunday, the Harris County Sheriff's Office said. Dozens of people are shot in other major cities every weekend and it barely makes the news. Will Biden visit, or is that too close to the border?
Источник: 6abc - 🏆 250. / 63 Прочитайте больше »