US Federal Reserve says rate hike is not meant to induce recession - Nairametrics


6/16/2022 12:00:00 AM3 years 8 months ago
by Ubah Jeremiah Ifeanyi

After intensifying interest rate hikes, Federal Reserve Chairman, Jerome Powell indicated on Wednesday that the central bank hopes to prevent

After intensifying interest rate hikes, Federal Reserve Chairman, Jerome Powell indicated on Wednesday that the central bank hopes to prevent a recession. The Fed’s interest rate hike on Wednesday w… [+1630 chars]

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