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U.S. Federal Reserve Chair Jerome Powell cautioned Wednesday that the fight against inflation could cause a recession. The fed raised interest rates another 3/4 points this week. (Public domain, https://bit.ly/3OhOA7d)

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The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession.

By CHRISTOPHER RUGABER, AP Economics Writer September 22, 2022

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