NEW YORK: The US central bank must move “ expeditiously ” to bring too-high inflation to heel, according to Federal Reserve chair Jerome Powell, adding that it could use bigger-than-usual interest rate hikes if needed to do so.“ The labour market is very strong, and inflation is much too high, ” Powell said in remarks prepared for delivery to a National Association for Business Economics conference.“ There is an obvious need to move expeditiously to return the stance of monetary policy to a more
综合
星报-商业
2022-03-23 00:00:00.0