the Fed will continue to tighten the screw until inflation has come down


Washington (awp/afp) – The American central bank (Fed) will remain focused on inflation, and will continue to tighten the monetary screw until this rise in prices has returned to acceptable levels, assured Wednesday the president of the institution, Jerome Powell, during a press conference.

The Fed is “firmly committed to bringing inflation back to 2% and will remain so until the job is done”, said Jerome Powell, after the meeting of the monetary policy committee, the decision-making body of the Fed. the Fed, which raised rates again by three-quarters of a percentage point. He also warned of the risks that could be posed by “premature easing of monetary policy”.

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