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Fed's Jerome Powell weighs earlier end to bond tapering amid hot inflation

Powell said it's time to stop using the word "transitory" to describe inflation

Topics
Jerome Powell | Inflation | US economy

Bloomberg 



Federal Reserve Chair Jerome Powell
Federal Reserve Chair Jerome Powell

Federal Reserve Chair said it’s appropriate to consider finishing the U.S. central bank’s tapering of asset purchases a few months earlier than previously expected, with proving more persistent than forecast.

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First Published: Tue, November 30 2021. 22:15 IST

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