![US Fed chairman Jerome Powell, said US policymakers will likely take rates higher than envisioned in their bid to crush inflation. AP](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/WXS2J32SRDDZFHZ3EYNBPGX4OQ.jpg?smart=true&auth=e281f8e8046d62153941242fe3b73002130eb442a18d6ac65f3316019a162100&width=400&height=225)
US Fed chairman Jerome Powell, said US policymakers will likely take rates higher than envisioned in their bid to crush inflation. AP
US Fed chairman Jerome Powell, said US policymakers will likely take rates higher than envisioned in their bid to crush inflation. AP
Inflation data and US midterm elections to test mettle of struggling stock market rally
Wall Street's rebound dissipates some of the gloom that had pervaded since the Fed raised interest rates again