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Powell says US Fed could 'raise rates further,' but urges caution
Powell says US Fed could 'raise rates further,' but urges caution
Business and Economy
by  AFP

The US Federal Reserve is prepared to raise interest rates higher -- and hold them there -- to bring down above-target inflation, but will proceed "carefully" going forward, chairman Jerome Powell said Friday. - Navigating 'under cloudy skies' - Despite insisting the Fed could yet raise rates, Powell urged caution moving forward during his speech Friday.