US Federal Reserve

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 logo

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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