Fed ‘Not Confident’ Inflation Policy Restrictive Enough: Powell
By Andrew Moran Federal Reserve Chair Jerome Powell is “not confident” that the central bank has done enough to eradicate inflation from the U.S. economy, he stated in a prepared speech. Appearing before an International Monetary Fund (IMF) audience on Nov. 9, Mr. Powell warned that additional work must be done to restore price stability. “The Federal Open Market Committee is committed to…
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