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“Inflation pressures continue to run high, and the process of getting inflation back down to 2% has a long way to go,” U.S. Federal Reserve Chair Jerome Powell says, testifying at today’s House Financial Services Committee hearing on monetary policy. “Despite elevated inflation, longer-term inflation expectations appear to remain well anchored.” Watch live: https://youtube.com/live/AvgwZI6rDkE?feature=share | CoinDesk | Facebook
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