Federal Reserve Chairman Walsh sidestepped the question of whether the current level of interest rates is adequate enough. He said, “There is general agreement that the actions we have taken before have begun to show some results.” But at the same time, he added that no clear conclusion has yet been reached on whether further interest rate hikes are needed in the future.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.