Recession

Jerome Powell (File photo) International

Jerome Powell's stark message: Inflation fight may cause recession

The Federal Reserve delivered its bluntest reckoning on Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession

By NewsDrum Desk
Sep 22, 2022 05:30 IST 4 Min read
Federal Reserve Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board building in Washington. International
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