Fed Powell: Nearly all FOMC members expect further tightening this year

<p>Fed Chair Jerome Powell indicated that it’s appropriate to continue tightening. But the Committee would like to assess additional information, before making meeting-by-meeting decisions. In the prepared remarks for the Semiannual testimony to Congress, Powell said, “Nearly all FOMC participants expect that it will be appropriate to raise interest rates somewhat further by the end […]</p>
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