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Home News USA

Fed Chair Jerome Powell indicators one other rate of interest hike might be coming

by NairaGator
September 9, 2022
in USA
Reading Time: 16 mins read
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Fed Chair Jerome Powell indicators one other rate of interest hike might be coming
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Fed Chair Jerome Powell indicators one other rate of interest hike might be coming – CBS Information


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Robert C. Hockett, a law professor at Cornell University, joined CBS News to discuss how another interest rate hike could impact the economy. This comes after Federal Reserve Chairman Jerome Powell hinted this week that yet another hike could be coming. Hockett also evaluates the importance of the strong labor market amid high inflation.

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