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Fed Chair Jerome Powell Warns Inflation Risks Lean Higher

According to Jerome Powell, current U.S. economic conditions suggest inflation pressures may tilt toward further increases.

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Terms & Concepts
  • Inflation: The rate at which the general level of prices for goods and services rises, eroding purchasing power.
  • Federal Reserve Chair: The head of the Federal Reserve, the central bank of the United States, responsible for guiding monetary policy.