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2M views · 39K reactions | Federal Reserve Chairman Jerome Powell on...
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Inflation has eased substantially from its peak but remains too high, Federal Reserve Chair Jerome Powell said during his Wednesday press conference. “Inflation has eased substantially from a peak of 7% to 2.7%, but is still too high," he said. "We are strongly committed to returning inflation to our 2% goal in support of a strong economy that benefits everyone.” | CNBC
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NY TimesThe New York Times
1.6K views · 47 reactions | Fed Chair Jerome Powell said the fight against inflation will likely include more interest rate increases and pain in the job market. “These are the unfortunate costs of reducing inflation. But a failure to restore price stability would mean far greater pain,” he said Friday. | POLITICO | Facebook
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