Fed’s Powell: Rate hikes should not upend the global economy

Moves by the Fed and other major central banks to raise interest rates after a long period of keeping them low should not be disruptive to the global economy, Federal Reserve Chairman Jerome Powell said Tuesday. In remarks prepared for a financial conference in Zurich, Powell said that the role U.S. monetary policy plays in driving ...

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Fed’s Powell: Rate hikes should not upend the global economy

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