Fed's Powell calms recession jitters with rebuff of 75-basis point rate hike

Federal Reserve Chairman Jerome Powell alleviated some concerns of a looming economic recession after he rejected the possibility of an even larger interest rate hike than the one announced by the... #recession #centralbank #federalreservechairman #pointratehike

Source: Reuters: Health - May 5, 2022 Category: Consumer Health News Source Type: news