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Fed promises ‘unconditional’ approach to taking down inflation in report to Congress

by Editor June 20, 2022, 2:59 pm 1.7k Views

Fed promises 'unconditional' approach to taking down inflation in report to Congress

U.S. Federal Reserve Board Chairman Jerome Powell takes questions after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflation, during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, June 15, 2022.

Elizabeth Frantz | Reuters

Federal Reserve officials rolled out strong language Friday to describe their approach to…

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