Powell Enters Era of Rate-Hike Caution as Growth Headwinds Mount
Jerome Powell, chairman of the U.S. Federal Reserve, takes the oath of office in Washington, D.C. (Photographer: Andrew Harrer/Bloomberg)

Powell Enters Era of Rate-Hike Caution as Growth Headwinds Mount

(Bloomberg) -- Federal Reserve Chairman Jerome Powell suggested he’ll be more cautious about raising interest rates next year, disappointing investors who wanted even more dovishness.
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