Powell: Fed will decide on rate hikes 'meeting by meeting'
Published
Fed's determination to raise interest rates high enough to slow inflation has fanned concerns that this could tip the economy into recession.
Published
Fed's determination to raise interest rates high enough to slow inflation has fanned concerns that this could tip the economy into recession.
Fed Chair Jerome Powell said interest rate hikes are "highly likely to involve some pain," adding to investors' jitters about..
Testimony from the Fed Chair provides no surprises while risk assets meander on the Wall Street open.