Fed Still Sees Several Rate Hikes Despite Russia-Ukraine Situation
<p>Jerome Powell, chairman of the U.S. Fed, shared his remarks on the current situation as a result of Russia invading Ukraine, mentioning that the implications for the U.S. economy are unpredictable and they will be closely monitoring the situation.</p>
<p>Despite the inconstancy, Powell said he continues to see interest rate hikes starting in March, with a number of quarter-point percentage increases.</p>
