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Fed Chairman Powell Signals More Interest Rate Hikes To Come

Fed Chairman Powell Signals More Interest Rate Hikes To Come

Federal Reserve chairman Jerome Powell signaled that even more interest rate hikes may be on the way next month. Since June, the Fed has already raised interest rates three-quarters of a percentage point twice. The move is meant to slow the economy and inflation, however the uncertainty is fueling a sell-off on Wall Street. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC …

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