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Federal Reserve Chairman Powell Sees Rate Hike This Month as 'Appropriate'

Most observers believe a quarter of a percentage point increase is likely.

Updated May 11, 2023, 4:58 p.m. Published Mar 2, 2022, 3:27 p.m.
Federal Reserve Chairman Jerome Powell (Samuel Corum/Bloomberg via Getty Images)
Federal Reserve Chairman Jerome Powell (Samuel Corum/Bloomberg via Getty Images)