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Jerome Powell’s Finest Hawk Feathers

If Federal Reserve officials are having second thoughts about their anti-inflation fight, you sure couldn’t tell by Jerome Powell on Wednesday. The Fed Chairman donned his finest hawk feathers and said again and again at his press conference that the central bank hasn’t made enough progress getting prices under control and isn’t going to ease up until it does.

“We have more work to do.”

 

Continue reading at the Wall Street Journal

 

Featured image by Brookings Institution, obtained via Flickr under an Attribution-NonCommercial-NoDerivs 2.0 Generic License.