Fed Chair Powell Says Inflation Has Eased, but Remains Somewhat Elevated
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Federal Reserve Chair Jerome Powell says inflation has eased but remains “somewhat elevated” compared to the Fed’s 2% longer-run goal. He speaks after announcing a 25 point interest rate cut in Washington. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data,
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