LIVE: Chairman Powell speaks after Fed raises interest rates by half a percentage point — 12/14/22
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LIVE: Chairman Powell speaks after Fed raises interest rates by half a percentage point — 12/14/22
Federal Reserve Chair Jerome Powell holds a news conference on Wednesday following the Federal Open Market Committee meeting. In its final meeting of 2022, the Federal Reserve hiked rates by 50 basis points, or half a percentage point. The move was widely expected by economists and investors. The move brings the fed funds rate to a range of 4. ...
116.2K viewsDec 14, 2022
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