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ETH $1,864.43 -0.14%
BNB $591.37 +1.26%
XRP $1.07 +0.14%
SOL $73.56 +0.87%
TRX $0.3288 +0.84%
DOGE $0.0703 +0.47%
ADA $0.1920 +3.61%
BCH $212.47 +0.35%
LINK $8.19 -1.74%
HYPE $54.06 +2.93%
AAVE $92.89 +1.44%
SUI $0.6935 +1.12%
XLM $0.1709 -0.95%
ZEC $482.90 +0.73%

Federal Reserve Chairman Powell: Deflation has just begun, and it is necessary to raise interest rates further

2023-02-08 07:17:15

ChainCatcher news, according to CoinDesk, during a discussion about the economy with the co-founder of Carlyle Group, Federal Reserve Chairman Jerome Powell stated that the "disinflationary process" has just begun, and further interest rate hikes are necessary. The Federal Reserve will also need a long time to be ready to announce victory in the fight against inflation. (Source link)

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