Fed's Powell points to rate hikes, uncertainty on trade tensions

CHICAGO (Reuters) – The Federal Reserve will likely need to keep raising U.S. interest rates to keep inflation under control, Fed Chairman Jerome Powell said, adding that it was too soon to know if rising trade tensions would hit the U.S. economy.

Fed's Powell points to rate hikes, uncertainty on trade tensions Fed's Powell points to rate hikes, uncertainty on trade tensions Fed's Powell points to rate hikes, uncertainty on trade tensions

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