Jerome H. Powell, the Federal Reserve chair, announced the central bank’s biggest rate increase since 1994, in an effort to rein in inflation without denting economic growth or destabilizing markets.
Information About Los Angeles Financial Times
Sunday,
May
10,
2026
2:30AM
Jerome H. Powell, the Federal Reserve chair, announced the central bank’s biggest rate increase since 1994, in an effort to rein in inflation without denting economic growth or destabilizing markets.
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