U.S. central bank under pressure to focus on inflation risks

Owen Fairclough

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Don’t worry about inflation, that was the message to lawmakers from the head of the U.S. central bank on Tuesday.

Federal Reserve ChairJeromePowellis trying to counter a growing chorus of critics who fear his extraordinary measures will send consumer prices soaring in a post-pandemic recovery. The Fed chair actually thinks inflation is far below its optimal range.

CGTN’s Owen Fairclough reports.

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