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Fed's Powell Warns 'Some Pain' Ahead | The Fiscal Times

Quite a busy summer Friday! The Justice Department released a heavily redacted version of the affidavit used to get legal authorization to search former President Donald Trump’s Mar-a-Lago estate in Florida. And Federal Reserve Chair Jerome Powell delivered a stark warning that the bank will do what it takes to fight inflation, even if it means a weaker economy and job market. Here’s what you need to know before you log off for the weekend. ....

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