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Federal Reserve Chair Jerome Powell announced that the US central bank will be keeping its interest rates unchanged for now, citing inflation levels which fall above Fed’s 2 per cent target and a solid job market. Speaking before the Senate Banking Committee on the first of a two-day testimony, Powell hinted that the central bank would maintain its current policy …
Read More »Fed in no hurry for rate cuts: Jerome Powell hints no change in US central bank’s policy stance – The Times of India
