![Fed Chair Powell hints that soaring bond yields could mean end of rate hikes](https://cdn.newsserve.net/ONPglobe256.png)
Fed Chair Powell hints that soaring bond yields could mean end of rate hikes
Federal Reserve Chair Jerome Powell said Thursday that soaring bond yields could help the Fed slow the economy, further cooling inflation and the possibly signaling the end of rate hikes. But he stopped short of declaring victory, citing the economy’s resilience. “Tight policy is putting downward…
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