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Bitcoin Drops to Nearly $19K as Fed Renews Inflation Warnings

Central bank leaders warned Wednesday that inflation is going to last longer than some estimated.

Updated May 11, 2023, 5:24 p.m. Published Jun 30, 2022, 10:23 a.m.
Federal Reserve Chairman Jerome Powell at a press conference earlier this month. (Federal Reserve)
Federal Reserve Chairman Jerome Powell at a press conference earlier this month. (Federal Reserve)