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Powell says inflation will be ‘elevated’ in coming months

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WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

Stocks wobble as investors digest earnings, inflation risks

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Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve's chair's comments on inflation. ...

Fed survey: US economy strong but hindered by bottlenecks

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WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...

Stocks wobble as investors digest earnings, inflation risks

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Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve chair's comments on inflation. ...

Fed survey: US economy strong but hindered by bottlenecks

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WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...

Fed officials discuss timing of reducing bond purchases

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WASHINGTON — Federal Reserve officials began debating at their June meeting when and how they would reduce the monthly bond purchases that they have...

San Francisco Fed’s Daly: Healthy economy needs less support

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WASHINGTON — With interest rates ultra-low even as the U.S. economy swiftly improves, Federal Reserve officials are divided over how quickly they should adjust...