WASHINGTON (AP) — Federal Reserve Vice Chair Richard Clarida said Monday that he will step down on Friday, the third Fed official to resign after a trading scandal at the
Fed’s Powell: High inflation poses a threat to job market WASHINGTON (AP) Federal Reserve Chair Jerome Powell said Tuesday that high inflation is a serious threat to the Fed’s goal of helping put more Americans back to work, and said the Fed will raise rates more than it now plans if needed to stem surging prices.
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