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S&P 500, Nasdaq Hit Record Highs After Powell Reiterates Fed’s Commitment To $120 Billion Monthly Stimulus Despite ‘Sharp’ Inflation

S&P 500, Nasdaq Hit Record Highs After Powell Reiterates Fed's Commitment To $120 Billion Monthly Stimulus Despite ‘Sharp' Inflation

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Fed Chair Powell acknowledged inflation has exceeded the central bank’s target, but cautioned the labor market remains “turbulent.”

...read full article on Forbes

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