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枫下茶话 / 工商经济 / ZT Powell Vows to Curb Inflation With Hikes That Risk Economic Pain
-samedayrightaway(赶路一族);
2022-5-4{1122}(#14542265@0)
(Bloomberg) -- Federal Reserve Chair Jerome Powell assured Americans that policy makers will do what it takes to curb surging inflation, acknowledging this could cause “some pain” as the U.S. central bank deployed its most powerful policy tightening in decades.Most Read from BloombergFed Hikes Rates Half-Point as Powell Signals Similar Moves AheadRussia Seeks to Annex Occupied Ukraine as Invasion Goals ShiftAs Putin Gets Desperate, U.S. Should Remember Pearl HarborIndia Wants Russia to Discount
The Fed’s hope this time around is that the combination of rising borrowing costs and a shrinking balance sheet will deliver a soft landing that avoids recession while tamping down inflation,
-samedayrightaway(赶路一族);
2022-5-4{72}(#14542276@0)
though Powell implied this might not be possible without hurting growth.
