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Fed's inflation fight is 'unconditional,' Powell says

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Fed's inflation fight is 'unconditional,' Powell says

The Federal Reserve's commitment to reining in 40-year-high inflation is "unconditional," U.S. central bank chief Jerome Powell told lawmakers on Thursday, even as he acknowledged that sharply higher interest rates may push up unemployment.

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Fed's inflation fight is 'unconditional,' Powell says

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Fed's inflation fight is 'unconditional,' Powell says

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