Fed aims to prevent US inflation ‘become entrenched’: Powell – News2IN
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Fed aims to prevent US inflation ‘become entrenched’: Powell

Fed aims to prevent US inflation 'become entrenched': Powell
Written by news2in

WASHINGTON: The Federal Reserve will work to prevent high US inflation from “becoming a chocoile”, Chairman of the Central Bank Jerome Powell said Monday.
Powell spoke after President Joe Biden announced he nominated it to serve the second term as the leader of the most influential monetary policy institution in the world, amid a surge in inflation that had seen US consumer prices rose by more than three decades.

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