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Fed's preferred inflation index to rise to 5.2 percent by end of year

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The Fed predicts a 5.2 percent rate of inflation, as measured by the personal consumption expenditures price index, before falling rapidly to 2.6 percent next year and 2.2 percent in 2024, Chair Jerome Powell says during a press conference. SOUNDBITE

Added on the 15/06/2022 21:03:59 - Copyright : AFPTV - First images

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