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But, they added, the Fed could facial area a tricky placement if a gradual cooldown persists along with elevated inflation. That trend could drive the Federal Reserve to help keep interest fees substantial even as the economy falters.
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"To this point the data has not supplied us that higher self esteem," Fed Chair Jerome Powell stated at a push meeting in Washington D.C. on Wednesday. "It is likely that getting these types of bigger self confidence will choose lengthier than Beforehand predicted."
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