Fed. Reserve Chair Jerome Powell discusses raisinginterest rates to combat inflation
Fed. Reserve Chair Jerome Powell discusses raisinginterest rates to combat inflation

Fed. Reserve Chair Jerome Powell discusses raisinginterest rates to combat inflation

The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.

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