Fed May Lift Rates to Levels That Restrain Growth

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Powell Says Fed May Lift Rates to Levels That Restrain Growth

The Federal Reserve may eventually raise interest rates to levels where they begin to restrain economic growth though that’s still some ways off, Chairman Jerome Powell said.

“Interest rates are still accommodative, but we’re gradually moving to a place where they’ll be neutral,”

https://www.bloomberg.com/news/arti...t-gradual-pace-amid-solid-growth?srnd=premium