Fed Chair Powell: Committed to Restoring Inflation Rate to 2%

Cointime2026/04/29 21:58

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On April 30, Federal Reserve Chair Powell stated that he is committed to restoring the inflation rate to 2%, acknowledging that achieving this 2% inflation target may come at a high cost. He hopes to gradually bring the inflation rate down to 2% while minimizing damage as much as possible.

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Fed Chair Powell: Committed to Restoring Inflation Rate to 2%

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