U.S. bank CEOs back Fed hikes during congressional grilling on economy, China ties
Written by Black Hot Fire Network on September 21, 2022
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WASHINGTON, Sept 21 (Reuters) - The country's top bank chiefs endorsed U.S. Federal Reserve rate hikes as a means to tame soaring inflation, while acknowledging there will be pain ahead, when appearing before Congress during a wide-ranging and mostly sedate hearing on Wednesday.
The line-up before the House of Representatives Financial Services Committee included CEOs . . .
