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Fed chair vows to tackle stubborn inflation

By Abigail Townsend

Date: Tuesday 14 Jul 2026

(Sharecast News) - The Federal Reserve's new chair has insisted to US lawmakers that the surge in inflation seen over the last five years will become "a thing of the past".
In pre-prepared remarks, Kevin Warsh - who was named as Jerome Powell's successor in May - told the House of...

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