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US Federal Reserve chair says additional rate hikes likely - Economy - Business

Federal Reserve Chair Jerome Powell said Wednesday that additional US interest rate hikes will likely be needed to tame high inflation, ahead of two days of testimony on Capitol Hill

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US Federal Reserve chair says additional rate hikes likely

WASHINGTON: Federal Reserve Chair Jerome Powell said Wednesday (Jun 21) that additional US interest rate hikes will likely be needed to tame high inflation, ahead of two days of testimony on Capitol Hill. Powell's appearances before the House and Senate come shortly after the US central bank's rate-setting

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