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Fed’s policy pivot on track despite ‘uncertain’ impact of Ukraine war, Powell says

Fed's policy pivot on track despite 'uncertain' impact of Ukraine war, Powell says

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The Federal Reserve will move forward with plans to raise interest rates this month to try to tame high inflation, but the outbreak of war in Ukraine has made the outlook “highly uncertain” for U.S. central bank policymakers as they plan their next steps, Fed Chair Jerome Powell said on Wednesday.

...read full article on Reuters

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