Powell says no guarantee of soft landing for U.S. economy

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Powell says no guarantee of soft landing for U.S. economy
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Powell says no guarantee of soft landing

Fed Chairman Jerome Powell on Wednesday said there was no guarantee that the central bank can engineer a soft landing for the U.S. economy.

Powell... Fed Chairman Jerome Powell on Wednesday said there was no guarantee that the central bank can engineer a soft landing for the U.S. economy. Despite the contraction of economic growth in the first three months of the year, Powell was upbeat about the current health of the economy.

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