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Wall Street’s biggest bear: Fed’s Jerome Powell

Por: Politico Business January 12, 2023

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Federal Reserve Chair Jerome Powell is locked in a battle with stock market investors, who can’t wait to celebrate the gradual easing of inflation. His message: Stop it. Powell, whose Fed is cranking up interest rates at the fastest clip in decades to kill the spike in consumer prices, finds himself in the odd position of pushing against financial markets because he wants to squeeze the flow of money pouring into the economy. That’s not... + full article



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