A clear indication of an increase in key interest rates in March was given by Federal Reserve Chairman Jerome Powell on Wednesday, ending the zero interest rate policy during the coronavirus pandemic.
Speaking at a press conference following the two-day meeting of the Federal Open Market Committee (FOMC), Fed Chairman Jerome Powell underscored the central bank's willingness to tackle rising inflation, even though he expects price growth to slow this year. [BR][BR]"I will say that the committee is of the view to raise interest rates at the March meeting, provided conditions are right," Powell said.
(CNA)
CNA - French News Agency
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