Federal Reserve Chair Jerome Powell made clear on Wednesday that the central bank is close to done raising interest rates but his colleagues delivered the message that resonated: Borrowing costs must remain higher for longer amid renewed strength in the economy.
Quoteworthy: "Ukrainian soldiers are doing with their blood what the UN Security Council should do by its voting." –— President Volodymyr Zelensky of Ukraine
Fed signals higher-for-longer rates with hikes almost finished
