Powell says strong jobs report shows that more Fed rate hikes could be needed to lower inflation
Published
Fed Chair Powell said last week's blockbuster jobs report shows why additional interest rate hikes could be needed to dampen high inflation.
Published
Fed Chair Powell said last week's blockbuster jobs report shows why additional interest rate hikes could be needed to dampen high inflation.
Watch VideoThe Federal Reserve's preferred inflation gauge ticked higher in January, a sign that price pressures remain..
Recent data have become too much for markets to ignore. The bond market priced in further rate hikes following the blowout January..