Powell: US economy healthy and rate hikes aren’t automatic – Centre Daily Times

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Centre Daily Times

Powell: US economy healthy and rate hikes aren’t automatic
Centre Daily Times
Higher interest rates tend to slow economic growth over time as well as pressure stock prices. For those reasons, this year’s hikes have made the Fed the target of unusual public attacks from Trump — criticism that has accelerated with the past month
Market to parse Powell words for clues to Fed’s future hikesBonner County Daily Bee

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