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Why the Fed plans to keep aggressively fighting inflation even if it leads to job loss

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Federal Reserve Chair Jerome Powell delivered a stark message Friday on inflation, warning that more interest rate hikes are coming and they're going to take a toll. Those statements came during the Fed's annual economic symposium in Jackson Hole, Wyoming. David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution joins William Brangham to discuss.

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Category
U.S. & Canada
Tags
chairman powell, consumer prices, dow jones
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