Powell tells Congress that Fed will lift charges this month

FILE – Federal Reserve Board Chairman Jerome Powell speaks all through his re-nominations listening to sooner than the Senate Banking, Housing and City Affairs Committee, Tuesday, Jan. 11, 2022, on Capitol Hill in Washington. The Federal Reserve will elevate its benchmark temporary rate of interest at its subsequent assembly in two weeks, Powell says in ready testimony he’s going to ship to a congressional committee Wednesday, March 2. (Brendan Smialowski/AP)

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