Powell Says Fed to Take Data-Dependent Approach to Future Hikes
07/27/2023 07:47
Federal Reserve Chair Jerome Powell said the central bank would take a data-dependent approach to future interest-rate hikes.
Federal Reserve Chair Jerome Powell said the central bank would take a data-dependent approach to future interest-rate hikes.
“Looking ahead, we will continue to take a data-dependent approach,” Powell said Wednesday during a press conference following the US central bank’s two-day policy meeting.