US Has Not Seen Clear Progress On Slowing Inflation Despite Tighter Policy - Fed Chair

Muhammad Irfan Published December 01, 2022 | 12:30 AM

US Has Not Seen Clear Progress on Slowing Inflation Despite Tighter Policy - Fed Chair

WASHINGTON (UrduPoint News / Sputnik - 01st December, 2022) The United States has not seen clear progress on slowing inflation despite tighter policy and slower growth over the past year, Federal Reserve Chairman Jerome Powell said on Wednesday.

"Despite the tighter policy and slower growth over the past year we have not seen clear progress on slowing inflation," Powell said during a press conference.

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