Powell: Fed aims to avoid recession but says it’s possible

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell sought Wednesday to reassure the public that the Fed will raise interest rates high and fast enough to quell inflation, without tightening credit so much as to throttle the economy and cause a recession. Testifying to the Senate Banking Committee, Powell […]

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View Original Notice ? Powell: Fed aims to avoid recession but says it’s possible