Federal Reserve Chairman Jerome Powell said a rate increase would be appropriate in March, and it's too soon to tell how the war in Ukraine will affect the U.S. economy
‘We will need to be nimble in responding to incoming data and the evolving outlook,’ says the Fed chairman
The Federal Reserve has signaled it plans to raise interest rates in 2022 in response to stubbornly high inflation. WSJ’s J.J. McCorvey explains what higher rates could mean for your finances. Photo illustration: Todd JohnsonFederal Reserve Chairman Jerome Powell said it would be appropriate for the central bank to raise its benchmark interest rate at its meeting in two weeks amid
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