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Federal Reserve has more 'work to do', warns against complacency: Powell press conference

Feb. 01, 2023 2:36 PM ETBy: Liz Kiesche, SA News Editor131 Comments

Federal Reserve Chair Powell Holds Press Conference On Interest Rate Announcement

Drew Angerer

"We have more work to do" to bring down inflation after the central bank raised its rate by 25 basis points to 4.50%-4.75% Federal Reserve Chair Jerome Powell said in his post-monetary policy decision press conference.


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