Powell: Rate hikes could accelerate if economy stays strong
iStock/Bet_Noire By: Christopher Rugaber, The Associated Press | March 7, 2023, | 11:04 Getting inflation back to 2% “has a long way to go,” Fed chair tells senators while analysts raise the spectre of a half-point hike The U.S. Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher…