Jerome Powell, chairman of the US Federal Reserve. US central bankers are trying to assess whether they need to take their benchmark policy rate higher. Bloomberg
Jerome Powell, chairman of the US Federal Reserve. US central bankers are trying to assess whether they need to take their benchmark policy rate higher. Bloomberg

Business

Economy

Jerome Powell says Fed remains cautious but will raise interest rates if necessary

Policymakers are committed to ensuring interest rates are high enough to return inflation to their 2% target, Fed chairman says

Bloomberg

November 10, 2023