Tag: Rate Hikes

US-fed
US Fed to continue gradual rate hikes to manage potential risks

Washington: US Federal Reserve Chair Jerome Powell has reiterated that the central bank will stick to the strategy of gradual rate hikes to manage potential risks and support domestic economic recovery. Speaking on Friday at an annual economic symposium in Jackson Hole, Wyoming, Powell said the central bank faces two major risks — “moving too fast […]

  • Thursday, 08 July 2021
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