Powell speech: Higher energy prices, sustained, can affect inflation

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Federal Reserve Chairman Jerome Powell holds a news conference to explain why they have decided to leave the policy rate, federal funds rate, unchange

holds a news conference to explain why they have decided to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% at the September FOMC meeting and responds to questions."Energy prices being higher is a significant thing.""The economy appears to have significant momentum.""The worst thing we can do is to fail to restore price stability.

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