Fed's Powell downplays potential for a rate hike despite higher price pressures
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Fed’s Powell Downplays Potential For A Rate Hike Despite Higher Price Pressures
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again. Yet Powell, during a panel discussion in Amsterdam, said his confidence that inflation will ease “is […]
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California Law Banning "Junk Fees" Will Drive Restaurant Prices Even Higher
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