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Fed chief Jerome Powell backs gradual rate hike path
Published : 28-02-2018 - Duration : 00:45 - View : 3
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The new chairman of the Federal Reserve has vowed to prevent the U.S. economy from overheating, while sticking with a plan to gradually raise interest rates. In his first public appearance as the head of the Fed,... Jerome Powell testified before the U.S. House of Representatives' Financial Services Committee on Tuesday that the Fed would balance ...
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