Recession: Powell reassures Fed working to prevent decline
Powell added that the Fed will continue to raise interest rates if inflation continues to rise, but said they'd do it in a way to avoid tightening credit.
Source: whas11.com
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Top News In Powell Fed Today - Breaking & Trending Today
Federal Reserve Chair Jerome Powell says rate hikes to be decided 'meeting by meeting'
Concerns are growing among some that the Federal Reserve may tighten credit so much that it may cause a potential recession.
Source: fox10phoenix.com
Recession: Powell reassures Fed working to prevent decline
Powell added that the Fed will continue to raise interest rates if inflation continues to rise, but said they'd do it in a way to avoid tightening credit.
Source: wcnc.com
Powell: Fed aiming to avoid recession amid inflation fight
Testifying to the Senate Banking Committee, Powell faced skeptical questions from members of both parties about the Fed's ability to tame inflation.
Source: 10news.com
Federal Reserve Chair Jerome Powell says rate hikes to be decided 'meeting by meeting'
Concerns are growing among some that the Federal Reserve may tighten credit so much that it may cause a potential recession.
Source: fox7austin.com