Powell: Next Rate Hike Possibility Mentioned, But Most Participants Do Not View It as Base Case

Gate News Report, March 18 — On March 19, Federal Reserve Chair Jerome Powell stated that the vast majority of participants do not consider a rate hike to be the baseline scenario. He noted that the meeting discussed the potential for both upside and downside risks to interest rates, and that the possibility of a rate hike was indeed mentioned as a potential next step.

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