Powell Downplays Tepid Inflation, Showing No Bias to Hike or Cut
Jerome Powell, chairman of the U.S. Federal Reserve, listens during a House Financial Services Committee hearing in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)  

Powell Downplays Tepid Inflation, Showing No Bias to Hike or Cut

(Bloomberg) -- Federal Reserve Chairman Jerome Powell played down recent weakness in U.S. inflation as possibly “transitory” and gave no indication officials were weighing an interest-rate cut desp...
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