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The Independent UK
The Independent UK
National
Holly Patrick

Watch: Jerome Powell holds news conference after Federal Reserve raises interest rates

Jerome Powell Interest Rates US Federal Reserve United States
Copyright 2023 The Associated Press. All rights reserved

Watch as Jerome Powell holds a news conference after the US Federal Reserve announced that it was to hike interest rates on Wednesday, 22 March.

The central bank raised its benchmark interest rate by a quarter of a percentage point, indicating that further increases were to come.

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