Powell Contradicts Biden on Inflation: ‘Running Too High’ Rather Than ‘Hardly at All’

5 days ago
In his much-anticipated remarks connected the system pursuing the Fed’s argumentation gathering that saw different jumbo involvement complaint hike to tame soaring prices, Federal Reserve Chair Jerome Powell said inflation was “running excessively high,” contradicting President Joe Biden’s caller assertion that prices had risen “just an inch, hardly astatine all.” Powell’s press conference connected Sept. 21 followed a decision by the Fe...
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