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Fed’s rate hike pause only brief respite, says Powell

And just as a thaw was likely, Joe Biden has gone and upset Xi Jinping again.

US federal reserve chair Jerome Powell.

Dita De Boni Thu, 22 Jun 2023

Top of the morning this Thursday – here's the main business and political headlines from around the world overnight.  

Federal Reserve chair Jerome Powell has affirmed more interest rate increases are likely ahead, with a hike pause ordered last week now looking more like a brief respite and less

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Dita De Boni Thu, 22 Jun 2023
Contact the Writer: dita@nbr.co.nz
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Fed’s rate hike pause only brief respite, says Powell
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