Powell Signals Increased Rate Hikes if Economy Stays Strong

-
The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy, Chair Jerome Powell says in prepared testimony to a Senate panel.

from CBNNews.com https://ift.tt/4IGkUir

Comments

Post a Comment

Popular posts from this blog

'It's Just Not a Fair Fight': Supreme Court to Hear Case that Could End Bureaucratic Rule

-
When the Supreme Court hears arguments in the case next term, it could decide to completely scrap the Chevron doctrine or simply weaken it, but no matter what the court decides, experts agree the administrative state - in some form - is here to stay. The question is: will bureaucrats continue to wield the same power as they do today? Whatever the outcome, the ruling could affect Americans from all walks of life for decades to come. from CBNNews.com https://ift.tt/5h8vbAE
Read more