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Powell’s path to 2% inflation needs luck or, failing that, pain: 'We can’t afford to be fooled again on this, or else it’s going to get beyond us'

Summary by Fortune

Federal Reserve Chair Jerome Powell sees two possible paths for the economy and monetary policy over the next year: With some luck, inflation will cool with the help of more supply. And if that fails, the Fed won’t hesitate to impose a more painful solution.

1 month ago

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The Straits Times

Powell's path to 2% inflation needs luck or, failing that, pain

VIRGINIA (BLOOMBERG) - Federal Reserve Chair Jerome Powell sees two possible paths for the economy and monetary policy over the next year: With some luck, inflation will cool with the help of more supply. And if that fails, the Fed won't hesitate to impose a more painful solution. Read more at straitstimes.com.

1 month ago·Singapore

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Powell’s Path to 2% Inflation Needs Luck or, Failing That, Pain

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Read More

1 month ago·Canada

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Powell’s path to 2% inflation needs luck or, failing that, pain: 'We can’t afford to be fooled again on this, or else it’s going to get beyond us'

Federal Reserve Chair Jerome Powell sees two possible paths for the economy and monetary policy over the next year: With some luck, inflation will cool with the help of more supply. And if that fails, the Fed won’t hesitate to impose a more painful solution.

1 month ago·New York, United States

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Powell's path to 2% inflation needs luck or, failing that, pain

Inflation, according to the central bank's preferred measure, stands at 6.3%. The central bank is now trying to moderate initial burden policies

1 month ago

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R 67%

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