Powell backs March liftoff, won’t rule out hike every meeting
FOMC says “it will soon be appropriate to raise the target range for the federal funds rate.”
Federal Reserve Chair Jerome Powell said the central bank was ready to hike interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.
“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are th
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