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Economic Buzz: History Cautions Strongly Against Prematurely Loosening Monetary Policy Says Jerome Powell

9 Sep 2022 , 09:31 AM

The Federal Reserve must continue to act strongly to cool demand and contain price pressures to avoid a repeat of the inflation surge the US economy suffered in the 1970s and 1980s, Fed Chair Jerome Powell said Thursday. He also noted that history cautions strongly against prematurely loosening policy.Powered by Commodity Insights

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