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Fed Chairman Powell: Long-term interest rates are rising, but it is not related to inflation

2025-02-12 16:41

Odaily News Fed Chairman Powell said that long-term interest rates have risen, but this is not related to inflation, and the Fed will do its best to ensure that stricter regulatory measures are gradually extended from large banks to small banks. If the Consumer Financial Protection Bureau (CFPB) is dissolved, there will be no federal regulator to conduct consumer protection reviews on large banks. (Jinshi)