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The Fed's huge challenge: Taminginflation, without starting a recession
By Matt Egan, CNN Business - December 15, 2021
Federal Reserve Chairman Jerome Powell, fresh off his renomination by Biden, will attempt to assure Wall Street, Washington and the public at large on Wednesday there's no reason to panic about sticker shock.
Powell must promise to get inflation under control -- but do so without removing support so quickly that the recovery stalls out. It's a difficult needle to thread.
"Pressure
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