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Powell Says US Inflation Will Be Fought


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https://www.bnnbloomberg.ca/powell-assures-americans-that-fed-will-tackle-high-inflation-1.1706034

 

Fed Chairman Jerome Powell is reiterating that the US Central Bank is shifting more focus on fighting inflation than just pursuing full employment as high inflation can also hurt full employment in the long run anyway

 

The market is expecting the Fed to start raising interest rates in March and slowly but steadily raise them this year and into the next

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