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Fed chief says more rate hikes likely but at slower pace

The US Federal Reserve expects to keep raising interest rates but at a slower pace, Fed chair Jerome Powell told a congressional hearing Wednesday. "Nearly all FOMC participants expect that it will be appropriate to raise interest rates somewhat further by the end of the year," Powell said on Wednesday. 
United States Austan Goolsbee Jerome Powell Market Committee House Committee On Financial Services House Committee
Source: yahoo.com

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