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Fed Chair Powell On Inflation, Fiscal Aid

US TSYS
No reaction to latest Fed Chair comments regarding inflation metrics and need for fiscal aid. ow Jones headlines:
  • "Powell: Expects Inflation Uptick That Won't Be Very Significant for Longer Term Trend"
On fiscal policy:
  • "Powell: Fiscal Policy Has Been Absolutely Essential to Recovery Effort"
  • "Powell: Details of More Fiscal Aid Is Up to Congress"
  • "Powell: Fed Will Aid Recovery as Long as Needed"

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