The New York Times: Powell Stresses ‘Challenging Situation’ for Fed as Rate Debate Intensifies

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Powell Stresses 'Challenging Situation' for Fed as Rate Debate Intensifies

Jerome H. Powell, chair of the Federal Reserve, suggested he saw further scope to lower interest rates this year to protect the labor market despite rising inflation.

Source: Powell Stresses 'Challenging Situation' for Fed as Rate Debate Intensifies