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Last updated: June 18, 2025, 16:59  |  Written by: Brock Pierce

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Federal Reserve Chairman Jerome Powell

Federal Reserve’s inflation fight could bring ‘pain’ and

Federal Reserve Chairman Jerome Powell pledged to cool historically high inflation, but warned that higher interest rates could bring pain to the economy.

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Federal Reserve Chair Jerome Powell

Federal Reserve Chair Jerome Powell said pain would be necessary to quell inflation. It’s looking increasingly likely that won’t be the case.

Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed is determined to fight inflation with more sharp interest rate hikes, which will likely

Federal Reserve Chairman Jerome Powell warned Tuesday the U.S. could feel “some pain” as the central bank raises interest rates to fight inflation, insisting the Fed

Federal Reserve Chair Jerome Powell

Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.

Powell and other Fed members have justified this pain by arguing that persistent inflation would make the economy more vulnerable to a messy economic downturn.

Fed's Powell pledges to combat inflation 'forcefully,' but warns of

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