Federal Reserve (Fed) Chair Jerome Powell left little doubt that he is prepared to push rates as high as needed to stamp out inflation, even as the central bank eyes a downshift to a slower pace of increases.
Quoteworthy: "I almost thought I was at the wrong place because it felt like a rock concert." — Deputy Prime Minister Lawrence Wong during his opening speech at the Singapore FinTech Festival 2022
Powell: Smaller rate hikes ahead
