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Powell: We continue to see upside risks to inflation

Mohamed Abdelhamid 15 June, 2022 10:45 pm Forex Market, Global Stock Market, Market Update

The Fed continues to see upside risks to inflation, Fed Chair Jerome Powell noted in the opening statement of his post-Fed meeting press conference.

“Supply chain constraints have been longer than anticipated and price pressures have broadened, with Covid-19 disruptions in China likely to make things worse ahead”, Powell added.

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