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Powell speaks Monday as rate hike probability crosses 50% for the first time — the Fed’s impossible bind between stagflation, a 4.4% jobless rate, and a $112 oil price

NEW YORK, March 30, 2026 — Federal Reserve Chair Jerome Powell speaks Monday evening, and the analytical significance of those remarks has grown considerably since his March 18 press conference. In the twelve days between the last FOMC meeting and today’s address, the U.S. economic picture has deteriorated in ways that were not fully captured […]

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