Recession: Powell reassures Fed working to prevent decline
Powell added that the Fed will continue to raise interest rates if inflation continues to rise, but said they'd do it in a way to avoid tightening credit.
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Powell added that the Fed will continue to raise interest rates if inflation continues to rise, but said they'd do it in a way to avoid tightening credit.
Powell added that the Fed will continue to raise interest rates if inflation continues to rise, but said they'd do it in a way to avoid tightening credit.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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Federal Reserve Chair Jerome Powell won praise for his deft leadership during the pandemic recession. But as inflation persists, he has increasingly struck Fed watchers as much less sure-footed.