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WATCH: Fed Chair Powell suggests taming inflation will take longer than expected

WATCH: Fed Chair Powell suggests taming inflation will take longer than expected

The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2 percent target.

PBSChristopher Rugaber6 months ago

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