Federal Reserve Chairman Jerome Powell is holding a town hall with educators.
REPUBLICAN DEBATE: FACT-CHECKING CLAIMS MADE BY CANDIDATES IN SECOND GOP MATCHUP
The town hall will likely include questions about the recent decision to hold interest rates steady amid a slight uptick in inflation.“Today, we decided to leave our policy interest rate unchanged and to continue to reduce our securities holdings,” Powell said during a press conference last week. “Looking ahead, we are in a position to proceed carefully in determining the extent of additional policy firming that may be appropriate.
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