US Fed chief vows to prevent inflation from becoming ‘entrenched’

January 11, 2022 7:22 AM

MCLEAN, VIRGINIA (BLOOMBERG) – Federal Reserve chair Jerome Powell said the US central bank will prevent higher inflation from becoming entrenched while cautioning that the post-pandemic economy might look different than the previous expansion.

Source : https://www.straitstimes.com/business/economy/us-fed-chief-vows-to-prevent-inflation-from-becoming-entrenched