The Fed is also prepared to move in larger steps if the “totality” of incoming information suggests tougher measures are needed to control price increases, Powell told U.S. lawmakers on…
Day: March 7, 2023
Fed seen delivering half-point rate hike this month
(Reuters) -Traders of futures tied to the Federal Reserve’s policy rate were pricing in a half-percentage-point hike in interest rates at the U.S. central bank’s March 21-22 policy meeting after…