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BCH $203.04 -1.00%
LINK $9.43 -0.30%
HYPE $59.09 +0.34%
AAVE $88.50 +2.48%
SUI $0.6449 -4.68%
XLM $0.1549 -2.17%
ZEC $508.63 +1.32%

Federal Reserve Chairman Powell: Deflation has just begun, and it is necessary to raise interest rates further

2023-02-08 07:17:15

ChainCatcher news, according to CoinDesk, during a discussion about the economy with the co-founder of Carlyle Group, Federal Reserve Chairman Jerome Powell stated that the "disinflationary process" has just begun, and further interest rate hikes are necessary. The Federal Reserve will also need a long time to be ready to announce victory in the fight against inflation. (Source link)

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