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US Fed's progress against inflation 'not assured': Powell
US Fed's progress against inflation 'not assured': Powell
Business and Economy
by  AFP

The US Federal Reserve's progress in bringing down inflation is "not assured," the chair of the country's central bank told lawmakers in Washington Wednesday, on the first of two days of hearings in Congress. "But the economic outlook is uncertain, and ongoing progress toward our two percent inflation objective is not assured," he added.