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Fed Chair Warns Rates Could Go Higher Than Expected, Mall Visits Decline, Office Attendance Holds Steady

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Federal Reserve Chair Jerome Powell told lawmakers Tuesday that the Federal Reserve may increase the pace of rate hikes as the agency looks to bring down inflation. (Mandel Ngan/AFP via Getty Images)
Federal Reserve Chair Jerome Powell told lawmakers Tuesday that the Federal Reserve may increase the pace of rate hikes as the agency looks to bring down inflation. (Mandel Ngan/AFP via Getty Images)
CoStar News
March 7, 2023 | 11:49 P.M.

Fed Warns of Unexpectedly High Rates

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