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War in Ukraine scrambles plans to fight inflation with aggressive rate hikes

War in Ukraine scrambles plans to fight inflation with aggressive rate hikes

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Federal Reserve Chair Jerome Powell had been making himself very clear: To fight inflation, the US central bank would begin rolling back crisis-era support for the economy very soon. But following Russia’s invasion of Ukraine, Wall Street isn’t convinced the Fed will have the same resolve to aggressively push ahead.

...read full article on CNN Business

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