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Fed Chair Powell: Slower financial growth can also very properly be desired to triumph over stubbornly high inflation

Fed Chair Powell: Slower financial growth can also very properly be desired to triumph over stubbornly high inflation

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WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed’s target level will seemingly require a slower-rising financial system and job market. Powell eminent that inflation has cooled a superb deal from a 365 days within the past. But he cautioned that it’s no longer but determined whether inflation[…[… » …

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3653555.org : Fed Chair Powell: Slower financial growth can also very properly be desired to triumph over stubbornly high inflation Fed Chair Powell: Slower financial growth can also very properly be desired to triumph over stubbornly high inflation *Fed Chair Powell: Slower financial growth can also very properly be desired to triumph over stubbornly high inflation