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Powell: Fed must convince public it can tame inflation

Summary by Ground News
Inflation is now at 8.6%, a four decade high. The Fed is pursuing the high-risk challenge of gliding the U.S. economy in for a so-called soft landing. Measures of consumer sentiment show that people generally think inflation will eventually subside.
Powell: Fed must convince public it can tame inflation
10 days ago·Washington, United States

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Times of India

Fed's Powell says commitment to curbing inflation is 'unconditional'

"It's unconditional," Powell told the U.S. House of Representatives Financial Services Committee when asked about the Fed's commitment to fight inflation that, by the central bank's preferred measure, is running at more than three times its 2% target.

10 days ago·Mumbai, India
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Washington Times

Powell: Fed must convince public it can tame inflation

As if their job weren’t hard enough at a time of raging inflation, Chair Jerome Powell and his Federal Reserve colleagues have to do more these days than decide just how much to raise interest rates without triggering a recession.

10 days ago·Washington, United States
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abc News

Powell: Fed must convince public it can tame inflation

As if their job weren’t hard enough at a time of raging inflation, Chair Jerome Powell and his Federal Reserve colleagues have to do more these days than decide just how much to raise interest rates without triggering a recession

10 days ago·United States
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Associated Press News

Powell: Fed must convince public it can tame inflation

WASHINGTON (AP) — As if their job weren't hard enough at a time of raging inflation, Chair Jerome Powell and his Federal Reserve colleagues have to do more these days

10 days ago·United States
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IBTimes

Fed's Commitment To Curbing Inflation Is 'Unconditional,' Powell Says

The Federal Reserve's commitment to reining in 40-year-high inflation is "unconditional" but also comes with the risk of higher unemployment, U.S. central bank chief Jerome Powell said on Thursday. "It's unconditional," Powell told the U.S. House of Representatives Financial Services Committee when asked about the Fed's commitment to fight inflation that, by the central bank's preferred measure, is running at more than three times its 2% target.

10 days ago·United States
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Business Insider

US stocks rise and yields tumble after Fed's Jerome Powell vows 'unconditional' steps to tame inflation

Powell's relatively hawkish testimony helped lower both bond yields and commodity prices as concerns grow about a slowdown in global economic growth.

10 days ago·United States
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Bias Distribution

55% of the sources are Center
abc News
Business Insider
The Korea Times
Associated Press News
IBTimes
The Globe & Mail
The Detroit News
KCRG
FOX5 Las Vegas
+1
Times of India
Washington Times
L 27%
C 55%
R 18%
Untracked bias
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