US Fed's inflation fight remains on track despite recent uptick: Powell
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Federal Reserve Chair Jerome Powell stated that the recent rise in inflation has not stalled the Fed's ongoing fight against rising prices. The Fed remains on track to hit its long-term inflation target of two percent. Powell also mentioned that interest rates are unlikely to return to the historic lows seen after the 2008 global financial crisis.

#UsFed #Inflation #JeromePowell

https://www.legit.ng/business-economy/economy/1585847-us-feds-inflation-fight-remains-track-uptick-powell/