Powell: War in Ukraine has highly uncertain implications for U.S. economy
Written by Black Hot Fire Network on March 2, 2022
Powell’s planned remarks also point to the Fed’s first interest rate hike of the covid era, slated for policymakers’ next meeting in mid-March. Over two days of testimony this week, Powell is expected to further detail the Fed’s plans around a series of interest rate hikes, along with his expectations for inflation and the job market.
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