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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Source: cleveland19news - 🏆 70. / 68 Read more »
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....
Source: KHOU - 🏆 330. / 59 Read more »
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.
Source: wjxt4 - 🏆 246. / 63 Read more »
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?
Source: 6abc - 🏆 250. / 63 Read more »