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Powell said in a comment during a meeting of business and community leaders at WashingtonOn Friday, the Fed continues to face an unusual series of outages, according to a report released by the agency "Bloomberg".
Powell did not meet expectations Benefit In the next period.
The Fed is following a restrictive monetary policy interest rates By 75 basis points last week, raising interest rates from 3% to 3.25%.
Interest rates are expected to rise to around 4.4 percent by the end of this year.
The CPI was inside been united It increased 8.3% yoy in August, the highest in nearly 40 years.
The Fed tries to cut rates inflation and reduce it to the target level of 2%.
The US economy contracted in the first and second quarters of this year by 1.6% and 0.6% respectively, which means that the world’s largest economy is technically going through a recession.
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Powell said in a comment during a meeting of business and community leaders at WashingtonOn Friday, the Fed continues to face an unusual series of disruptions, according to a report released by Bloomberg.
Powell did not meet expectations Benefit In the next period.
The Fed is following a restrictive monetary policy interest rates By 75 basis points last week, raising interest rates from 3% to 3.25%.
Interest rates are expected to rise to around 4.4 percent by the end of this year.
The CPI was inside been united It increased 8.3% yoy in August, the highest in nearly 40 years.
The Fed tries to cut rates inflation and reduce it to the target level of 2%.
The US economy contracted in the first and second quarters of this year by 1.6% and 0.6% respectively, which means that the world’s largest economy is technically going through a recession.
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