Fed’s Powell says no need to hike interest rates now — officials should look past higher energy prices

Source: New York Post · Bias: Right

Summary

Federal Reserve Chair Jerome Powell said during a Harvard University event Monday that policymakers should look past rising energy prices amid the war in Iran – adding that there is no need to hike interest rates now.

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Fed’s Powell says no need to hike interest rates now — officials should look past higher energy prices
New York Post

Fed’s Powell says no need to hike interest rates now — officials should look past higher energy prices

Right

Federal Reserve Chair Jerome Powell said during a Harvard University event Monday that policymakers should look past rising energy prices amid the war in Iran – adding that there is no need to hike interest rates now.