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Jerome Powell promises to keep banking system safe as FOMC delivers second back-to-back 25-bps rate hike
Wed, Mar 22, 2023
Fed rate hike, FOMC rate decision: Federal Reserve Chairman Jerome Powell-led Federal Open Market Committee — the US central bank's rate-deciding panel — to hike the key US interest rates by 25 basis points on Wednesday. He said the central bank is prepared to use all tools to keep the bank system safe.
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