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New Fed head reignites rate worries

Tuesday, February 27, 2018 - 01:51

New Federal Reserve Chairman Jerome Powell told lawmakers he personally believed the economy has strengthened since December but that won't stop the Fed from sticking to its plan for gradual interest rate hikes. Investors didn't believe him.

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New Federal Reserve Chairman Jerome Powell told lawmakers he personally believed the economy has strengthened since December but that won't stop the Fed from sticking to its plan for gradual interest rate hikes. Investors didn't believe him.

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New Fed head reignites rate worries

Tuesday, February 27, 2018 - 01:51