US Senator Warren says Powell should stop the rate hikes

<p>US Senator Warren is never one to overlook a populist comment, this time ignoring Federal Reserve independence. </p><p>Says Federal Reserve Chair Powell should stop hiking rates.</p><p>Comment comes after US June CPI slowed again:</p><ul><li><a href="https://www.forexlive.com/news/forexlive-americas-fx-news-wrap-12-jul-us-cpi-softer-usdyields-lower-stocks-higher-20230712/" target="_blank" rel="follow" data-article-link="true">Forexlive Americas FX news wrap 12 Jul: US CPI softer. USD/yields lower. Stocks higher</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.