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: wltx.com
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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: localmemphis.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: 12news.com
Powell: Fed aiming to avoid recession amid inflation fight
Federal Reserve Chair Jerome Powell sought Wednesday to reassure the public that the Fed will raise interest rates high and fast enough to quell inflation, without tightening credit so much as to throttle the economy and cause a recession.
Source: nwaonline.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: kcentv.com