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Nick Timiraos: Fed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates

‘We’re just going to have to see where the inflation data fall out,’ says central bank leader. Federal Reserve Chair Jerome Powell affirmed the central bank’s plans to hold interest rates at the highest level in more than two decades as it awaits evidence that a slowdown in inflation will resume after setbacks this year. Powell said he

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Posted: May 14, 2024 Tuesday 10:46 AM