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HomeInflation miss puts central bankers on back footFILE PHOTO: Federal Reserve Chair Powell announces interest rate hike

FILE PHOTO: Federal Reserve Chair Powell announces interest rate hike

FILE PHOTO: Federal Reserve Board Chairman Jerome Powell leaves a news conference after Powell announced the Fed raised interest rates by three-quarters of a percentage point as part of their continuing efforts to combat inflation, following the Federal Open Market Committee meeting on interest rate policy in Washington, U.S., November 2, 2022. REUTERS/Elizabeth Frantz
FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin
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