Powell, moderate speed of rate hikes perhaps as early as December

2022-11-30T19:10:07.986Z

Restrictive monetary policy for some time (ANSA) The moment to moderate the speed of interest rate hikes could be as early as December. This was stated by Fed Chairman Jerome Powell speaking at the Brookings Institution. Inflation remains too high and the Fed may need to maintain tight monetary policy for some time. This was stated by the president of the Fed, underlining that the road is still long to reduce inflation but "there are no doubts