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Fed Chief Powell says the the disinflationary process has begun, but has a long way to go



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Federal Reserve Chairman Jerome Powell spoke Wednesday in a question-and-answer session at the Economic Club of Washington, D.C.”The disinflationary process, the process of getting inflation down, has begun and it’s begun in the goods sector,” said Powell. “But it has a long way to go. These are the very early stages of disinflation.”This is breaking news. Please check back here for updates.

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