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Jay Powell takes on the world

Por: Politico Business September 30, 2022

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Federal Reserve Chair Jerome Powell is waging a relentless battle against inflation that threatens to leave a path of destruction on the global economy in its wake. The Fed — carrying out its steepest interest rate hikes in three decades — has fueled market turmoil by boosting the value of the dollar and feeding higher borrowing costs from the U.K. to Japan to Latin America. But Powell’s No. 1 enemy is inflation at home, and he has... + full article



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