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Fed Chair Offers Guidance

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Fed Chair Offers Guidance
Fed Chair Jerome Powell speaks at the Brookings Institution in Washington on Nov. 30, 2022. Drew Angerer/Getty Images
Milton Ezrati
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Commentary
Federal Reserve Chairman Jerome Powell spoke frankly on Nov. 30. His thoughtful and balanced talk made clear that the Fed sees the inflation fight as its priority. He explained the uncertain timing between Fed action and its effect on inflation but made clear that further interest rate increases are integral to the effort.
Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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