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Business Highlights: Soft landing, crypto in Washington

Por: Associated Press Tech May 13, 2022

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Powell: ‘Soft’ economic landing may be out of Fed’s controlWASHINGTON (AP) — Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term earlier in the day, acknowledged for the first time Thursday that high inflation and economic weakness overseas could thwart his efforts to avoid causing a recession. For weeks, Powell has portrayed the Fed’s drive to raise interest rates as consistent with a so-called... + full article



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