**🚨 Breaking News: 🇺🇸 U.S. Federal Reserve (Fed) Chairman Jerome Powell states that additional interest rate hikes may be required based on forthcoming data on economic strength. Powell emphasizes the time-consuming nature of controlling inflation and reiterates the Federal Open Market Committee's (FOMC) commitment to achieving the 2% inflation target, exercising caution in policy decisions. 📈🔍 #FederalReserve #InterestRates #EconomicOutlook