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Powell's stark message: Inflation fight may cause recession

Por: ABC News Business September 22, 2022

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WASHINGTON -- The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession. Speaking at a news conference, Chair Jerome Powell acknowledged what many economists have been saying for months: That the Fed's goal of engineering a “soft landing” — in which it would manage to slow growth enough to curb inflation... + full article



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