Congressional Digest

Congressional Digest February 2023 No. 2 Vol. 101
The Fed Chair on Inflation

Inflation

Pros and Cons of Inflation Policy

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The Fed Chair on Inflation

Jerome Powell explains how to keep the economy on track

Today I will offer a progress report on the Federal Open Market Committee’s (FOMC) efforts to restore price stability to the U.S. economy for the benefit of the American people. The report must begin by acknowledging the reality that inflation remains far too high. …

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