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Fed's Jerome Powell: 'Muted' inflation gives room for wages to rise

Updated : March 01, 2019 06:58 AM IST

Many investors think the Fed will be on hold for the year and that its next move may even be to reduce rates
Powell was among three Fed officials on Thursday whose comments expanded on the Fed's "patient" approach to further rate increases
Fed's Jerome Powell: 'Muted' inflation gives room for wages to rise
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