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Fed’s Powell: Don’t see inflation forcing Fed to hit the brakes

Additional comments from  Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, are crossing the wires as he continues to speak at The Economic Club of Washington.

  • Don’t see anything that suggests near-term recession risk is elevated.
  • Don’t see inflation forcing Fed to hit the brakes.
  • Principal worry I have is global growth.

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