Federal Reserve Chairman Jerome Powell Faces Political Pressure Over Interest Rate Hikes

Federal Reserve Chairman Jerome Powell Faces Political Pressure Over Interest Rate HikesU.S. Senator Sherrod Brown has asked Fed Chair Jerome Powell not to forget the Federal Reserve’s “dual mandate” when making decisions about hiking interest rates at the next Federal Open Market Committee (FOMC) meeting. “It is your job to combat inflation, but at the same time, you must not lose sight of your responsibility to […]
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Author: toutiao