Expect a “couple” more interest-rate hikes to curb inflation because “we have more work to do,” says Federal Reserve Chair Jerome Powell.
The lowest unemployment rate since May 1969 might push the Fed, which just hiked interest rates this week by 0.25%, to keep the rate increases coming.
All 50 GOP senators, as well as Democrat Sen. Joe Manchin, plan to re-introduce a resolution attempting to block enforcement of the Department of Labor’s new ESG regulation for retirement plans, which took effect Monday.
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