Forex Today: Expecting Rate Hikes from Bank of England and Swiss National Banks
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Powell expects more Fed rate hikes ahead as inflation fight 'has a long way to go'Noting that inflation has cooled but 'remains well above' the Fed's 2% target, Powell said the central bank still has more work to do.
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Fed’s Powell: More rate hikes are likely this year to fight still-high inflationThe Fed last week kept interest rates unchanged after 10 straight hikes so it could take time to gauge how higher borrowing rates have affected the economy
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Watch Fed Chair Powell speak live on rate hikes and more to a House panelFederal Reserve Chairman Jerome Powell speaks Wednesday to the House Financial Services Committee.
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