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powell, said that the fed is committed to getting inflation down to 2% annual growth. take a listen. >> to accomplish that, we think we will need to do two things in particular. to achieve a period of growth below trend, and some softening and labor market conditions to foster a better balance. >> to fix inflation, you need to slow down growth on the job market? how do you do that without hurting more people? >> there are two ways to fix inflation. part of it depends on what you think is driving inflation. so, if you think what is going on right now is that there is too many people, with too much money, trying to buy too many goods, that is what economists would call a demand shock, then the way to reverse that would be to get people to spend less, and that is what high interest rates to. there is another approach to fighting inflation, and that is if you think prices are high today because of high gas prices, due to putin invading ukraine, due to snarled global

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