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US spending and production 'have softened', says Fed Chair

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Federal Reserve Chair Jerome Powell says US spending and production data "has softened" and consumer spending "slowed significantly", as the central bank decided to again raise the benchmark interest rate by 75 basis points to tame spiraling price pressures. SOUNDBITE

Added on the 27/07/2022 20:48:49 - Copyright : AFPTV - First images

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