Jerome Powell Resumes His Rate Hike Campaign

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

They're baaaack.

After a summertime rate-hiking hiatus last month, the Fed raised interest rates again Wednesday, this time to a 22-year peak. But what happens going forward -- amid slowing inflation and incredibly low unemployment -- is anyone's guess, including, it seems, Fed Chair Jerome Powell.

Continue reading


Source Fool.com