Federal Reserve Chair Jerome Powell said the stress in the banking system could mean the central bank won’t have to raise interest rates as high as otherwise to slow the economy
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‘Our tools have separate objectives but the effects are often not entirely independent,’ Fed Chair Jerome Powell saysFederal Reserve Chair Jerome Powell’s remarks could shed light on whether the central bank decides to raise interest rates again in June.said the stress in the banking system could mean the central bank won’t have to raise interest rates as high as otherwise to slow the economy.
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