By Bloomberg News
Syndicated content 

Official says interest rates likely to continue rising

 

Last updated 8/27/2022 at 12:14pm

Getty Images

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the headquarters of the Federal Reserve last month.

Federal Reserve Chair Jerome Powell signaled the U.S. central bank is likely to keep raising interest rates and leave them elevated for a while to stamp out inflation, and he pushed back against any idea that the Fed would soon reverse course.

"Re...



For access to this article please sign in or subscribe.

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2022

Rendered 12/02/2022 04:26