{"id":81872,"date":"2022-06-23T01:54:30","date_gmt":"2022-06-23T05:54:30","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81872"},"modified":"2022-06-23T01:50:14","modified_gmt":"2022-06-23T05:50:14","slug":"powell-tells-congress-the-fed-is-strongly-committed-on-inflation-notes-recession-is-a-possibility","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2022\/powell-tells-congress-the-fed-is-strongly-committed-on-inflation-notes-recession-is-a-possibility.html","title":{"rendered":"Powell tells Congress the Fed is \u2018strongly committed\u2019 on inflation, notes recession is a \u2018possibility\u2019"},"content":{"rendered":"\n<p>(CNBC) Federal Reserve Chairman <a href=\"https:\/\/www.cnbc.com\/jay-powell\/\">Jerome Powell<\/a> told congressional lawmakers Wednesday that the central bank is determined to bring down inflation and has the ability to make that happen. \u201cAt the Fed, we understand the hardship high inflation is causing. We are strongly committed to bringing inflation back down, and we are moving expeditiously to do so,\u201d the Fed chief said in remarks for the Senate Banking Committee. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/06\/22\/powell-tells-congress-the-fed-is-strongly-committed-to-bringing-inflation-down.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Federal Reserve Chairman Jerome Powell told congressional lawmakers Wednesday that the central bank is determined to bring down inflation and has the ability to make that happen. \u201cAt the Fed, we understand the hardship high inflation is causing. We [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81872","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81872"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81872\/revisions"}],"predecessor-version":[{"id":81873,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81872\/revisions\/81873"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}