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Powell: 'No guarantee' Fed can tame inflation, spare jobs

Summary by Ground News
Jerome Powell says he hopes the Fed can achieve a so-called soft landing. The Russian invasion of Ukraine, he said, had made the job more difficult. Europe's central bank is behind the Fed but said it will raise rates in July for the first time in 11 years.

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  • 69% of the sources are Center
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MY Northwest broke the news in Tacoma, United States on Wednesday, June 29, 2022.
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