This post was originally published on TKer.com.
Federal Reserve Chair Jerome Powell reiterated the central bank’s top priority right now: Bringing down inflation.
“It’s unconditional, our commitment,” Powell told the House Financial Services Committee on Thursday.
He also acknowledged that the Fed’s efforts could come with some economic pain. When asked about the likelihood of the economy falling into recession as a consequence, Powell told the Senate Banking Committee on Wednesday:…
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