Fed’s Powell heads back to Congress as data shows inflation jump in January

Capt. John

U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on Wednesday, as Federal Reserve Chair Jerome Powell heads to Congress for a second day of testimony. Rising prices for housing, food and energy, with a sharp increase also for...

https://www.hellenicshippingnews.com/feds-powell-heads-back-to-congress-as-data-shows-inflation-jump-in-january/

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