New Fed Chief Sees Interest Rates Continuing To Rise As Economy Strengthens
The central bank remains on track to boost rates gradually, Jerome Powell told Congress on Tuesday in his first testimony as Fed chairman. He said he's seen the economy picking up since December.
by John Ydstie
Feb 27, 2018
1 minute
The Federal Reserve remains on track to continue increasing interest rates gradually to keep the economy functioning smoothly, Jerome Powell told Congress on Tuesday in his first testimony as
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