The Fed doesn't know when inflation will stop being a problem, and it means interest rates could stay high for 'some time,' Powell says

The Fed doesn't know when inflation will stop being a problem, and it means interest rates could stay high for 'some time,' Powell says

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Chair of the U.S. Federal Reserve Jerome Powell speaks at the Brookings Institution, November 30, 2022 in Washington, DC. Powell discussed the economic outlook, inflation and the labor market. Drew Angerer/Getty Images Fed Chair Powell said on Wednesday that the "path ahead for inflation remains…

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