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Fed’s Inflation Fight is ‘Unconditional,’ Powell Says
Reuters, June 22, 2022–Lindsay Dunsmuir, Ann Saphir
he Federal Reserve’s commitment to reining in 40-year-high inflation is “unconditional,” U.S. central bank chief Jerome Powell told lawmakers on Thursday, even as he acknowledged that sharply higher interest rates may push up unemployment.
https://www.reuters.com/business/finance/feds-powell-says-commitment-curbing-inflation-is-unconditional-2022-06-23/