Powell, Brainard nod to inflation threat in nomination remarks - NewsBreak

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By Sain in Business
Updated 2 years ago

(Reuters) - Federal Reserve Chair Jerome Powell and Fed Governor Lael Brainard on Monday both noted the corrosive impact high inflation is having on the U.S. economy and American families in what may be a signal that controlling the rapid pace of price increases is now the central bank's top priority.