Powell signals higher interest rates. Hereâs why Fridayâs jobs report will affect Fedâs decision
Federal Reserve Chairman Jerome Powell said this week that interest rate increases could be higher and come faster if Fridayâs unemployment data shows the nationâs labor market isnât cooling off. Stock indexes fell after his comments. Thatâs been a familiar pattern over the past year as the federal bank has tried to combat inflation. A […]
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