Jerome Powell stated that the Federal Reserve of the United States must maintain a firm approach to reducing demand and mitigating price pressures to avert a repeat of the high inflation experienced in the 1970s and 1980s. Powell emphasized the need for continued action to prevent a sharp increase in inflation within the united states.

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One thought on “Powell: US central bank must act forcefully”
  1. “It’s clear the Fed is taking the threat of inflation very seriously and determined to prevent a costly mistake.”

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