Powell warns Fed ‘will not hesitate’ to raise rates again

The Federal Reserve Chair Jerome Powell spoke at the International Monetary Fund in Washington Thursday afternoon, maintaining that monetary policy is in “restrictive territory.” However, Powell would continue on to say “if it becomes appropriate to tighten policy further, we will not hesitate to do so” suggesting that raising rates is still on the table. Yahoo Finance Senior Reporter Jennifer Schonberger joins the Live show to discuss Powell’s speech.
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