Powell threatens to keep interest rates high ‘as long as needed’ as recent data show it’s ‘likely to take longer than expected’ for inflation to fall ...Middle East

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Powell threatens to keep interest rates high ‘as long as needed’ as recent data show it’s ‘likely to take longer than expected’ for inflation to fall
“Recent data have clearly not given us greater confidence" that inflation is coming fully under control, the Federal Reserve chair said during a panel discussion at the Wilson Center.

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