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Bitcoin.com 2023-11-10 17:30:30

Fed Chair Powell’s Hawkish Tone Rattles Markets as Inflation Concerns Persist

Amid an uncertain economic landscape, Federal Reserve Chair Jerome Powell’s recent remarks have amplified the debate on the sufficiency of prevailing interest rates. Even with robust gross domestic product growth, Powell’s address indicated the Fed’s stern stance, as he noted the central bank is “not confident” its restrictive policies have sufficed. Federal Reserve Chair Admits

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