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Powell tells Congress the Fed is 'strongly committed' on inflation, notes recession is a 'possibility'
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Powell tells Congress the Fed is 'strongly committed' on inflation, notes recession is a 'possibility'
Fed Chairman Jerome Powell said Wednesday that the central bank is determined to bring down inflation and has the ability to make that happen.

Preston | Investor Insight's avatar
Recession is possible and then says: Will be Very Challenging to Achieve Soft Landing. Foreshadowing of the recession late this year or early 2023.
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