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Fed might have to pick between solving unemployment or inflation

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Fed Chair Jerome Powell said the central bank hasn't faced such a scenario in a "long time."
The article from Fortune, published on May 7, 2025, discusses Federal Reserve Chairman Jerome Powell's approach to addressing the dual challenges of unemployment and inflation. Powell emphasizes the Fed's commitment to achieving maximum employment while also keeping inflation in check, highlighting recent economic data that shows progress in both areas. He acknowledges the delicate balance required to manage these goals without triggering adverse economic effects, such as a sharp rise in unemployment or persistent high inflation. Powell also mentions the Fed's readiness to adjust monetary policy as needed, based on incoming economic indicators, to ensure sustained economic growth and stability.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/07/fed-solving-unemployment-inflation-powell/ ]