Taming inflation will inflict ‘pain’ on Americans – but it is necessary to act ‘forcefully’, Jay Powell saysUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostUS Federal Reserve chair Powell warned the world’s largest economy is likely to face a sustained slowdown in growth and the jobs market to get prices down. He delivered the stark message that ‘failure to restore price stability would mean far greater pain’.Read More

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