Powell: "Tension" between jobs, inflation is the chief challenge facing Fed - NewsBreak

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By Victor in Business
Updated 3 years ago

Sept 29 (Reuters) - Resolving "tension" between high inflation and still-elevated unemployment is the most urgent issue facing the Federal Reserve right now, Fed Chair Jerome Powell said Wednesday, acknowledging the central bank's two goals are in potential conflict. "This is not the situation that we have faced for a...

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