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US Fed’s Powell backs quarter point March rate hike; open to bigger moves later

March 03, 2022 7:05 AM

It will be ready to move more aggressively if inflation does not cool as quickly as expected.

Source : https://www.straitstimes.com/business/companies-markets/us-feds-powell-backs-quarter-point-march-rate-hike-open-to-bigger-moves-later

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