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Federal Reserve Chair Jerome Powell warns fighting inflation could bring economic “pain”
Fed’s Bostic says government spending 'somewhat of a headwind' for inflation
Federal Reserve Bank of Atlanta President Raphael Bostic says Fed Chair Jerome Powell’s Jackson Hole speech was to prepare Americans for the possibility of ‘job loss’ and its ‘mild impact’ on the economy. Government spending is “somewhat of a headwind” for getting high inflation back in check, Atlanta Federal Reserve […]
