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Powell expects more rate hikes, says bringing down inflation ‘has a long way to go’

Bailey Schulz, USA TODAYComments Off on Powell expects more rate hikes, says bringing down inflation ‘has a long way to go’

Powell on Wednesday told Congress that getting inflation back down to 2% "has a long way to go" as inflation pressures continue to run high.

     
Bailey Schulz, USA TODAY
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