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Fed Chair Powell: Inflation Is 'Reason Behind' Raising Interest Rates — Will It Have Significant Economic Impact?

In a two-day policy meeting that ended Wednesday, the U.S. Federal Reserve announced plans to phase-out large-scale bond-buying in preparation to raise interest rates. Rate hikes could begin as soon...
United States Jerome Powell Congress Powell Yellen Fed Chair Powell Reason Behind Raising Interest Rates Will It Have Significant Economic

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