Powell: ‘No guarantee’ Fed can tame inflation, spare jobs ...Middle East

NY Daily News - News
source : NY Daily News ( Middle East ) () 11
Speaking Wednesday at a European Central Bank forum in Sintra, Portugal, Powell repeated his hope that the Fed can achieve a so-called soft landing — raising interest rates just enough to slow the economy and rein in surging consumer prices without causing a recession and sharply raising the unemployment rate.

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