irman Jerome Powell said in his recent speech at the central bank’s summer symposium at Jackson Hole, Wyoming, noted that “on a 12-month basis, core PCE inflation peaked at 5.4 percent in February 202
ng, so it's hard to really see a recession occurring this year.”Many economists have pointed out that getting inflation down to the 3% range from the 9% of last summer, while an accomplishment, will p
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