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Mr. Powell, If You Want Higher Inflation, Give People Money

The Federal Reserve wants a little more inflation to keep the economy buoyant. That's hard to achieve when Main Street is so under water.

Updated Dec 11, 2022, 1:53 p.m. Published Aug 29, 2020, 5:25 p.m.
Federal Reserve Chair Jerome Powell will preside over this week's FOMC meeting.
Federal Reserve Chair Jerome Powell will preside over this week's FOMC meeting.