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The economy is slowing down. What it means for the Fed.
text size Fed Chair Jerome Powell has warned that the central bank’s tightening monetary policy will be painful. The latest data prove him right. Ting Shen/Bloomberg For Jerome Powell’s Federal Reserve, the easy part was embarking on an aggressive monetary tightening path to curb decades of high inflation while the economy was strong. Now that […] The post The economy is slowing down. What it..
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