The US Federal Reserve Chairman Jerome Powell said that the economy is witnessing a ?new normal? given the current state of the high-inflation low-growth. Addressing a Fed Listens event Friday, Powell noted the Fed continues to deal with an exceptionally unusual economic set of disruptions. As policymakers, we are committed to using our tools to help steer the economy through what has been a uniquely challenging period,Powell noted. Powered by Commodity Insights
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