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Home Jerome Powell
Powell sees no interest rate hikes on the horizon as long as inflation stays low

Powell sees no interest rate hikes on the horizon as long as inflation stays low

Posted By: Editorial Teamon: January 14, 2021In: BUSINESS, NEWSNo Comments

Federal Reserve Chairman Jerome Powell affirmed his commitment to keeping interest rates low for the foreseeable future even as he expressed hope for a strong economic recovery. “When the time comes to raise interest rates, we’ll certainly do that, and that time, by the way, is no time soon,” the central bank chief said Thursday during a […] Read more

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