Powell's Benign View on Inflation Is Getting Pushback at the Fed, and Elsewhere - NewsBreak

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By Gomez in Business
Updated 3 years ago

Fed Chairman Jerome Powell's conviction that the inflation whipping through the economy this year soon will subside is not universally shared. No fewer than five Fed regional presidents have told CNBC it's time to pull back on the easy-money policies, citing various levels of confidence in the economy tempered by worries over inflation.

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