"We need to move away from very low interest rates. They're not appropriate for the current situation in the economy."
— Jerome Powell

January 1, 1970

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People from Washington, D.C.Lawyers from the United StatesGeorgetown Preparatory School alumniChairs of the Federal Reserve
Original Language: English

Sources

The Federal Reserve raises interest rates for the first time since 2018 (Updated March 16, 2022)