The Fed may have to do something it hasn't done since 1994 to tame inflation - CNN
Just one month ago, Federal Reserve chairman Jerome Powell said that the central bank was not "actively considering" raising interest rates by three-quarters of a percentage point to fight inflation. But after Friday's consumer price index report showed infla…
New York (CNN Business)Just one month ago, Federal Reserve chairman Jerome Powell said that the central bank was not "actively considering" raising interest rates by three-quarters of a percentage po… [+2654 chars]
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