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Inflation is still red hot, and it's forcing the Federal Reserve into a new game plan

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Federal Reserve Chairman Jerome Powell testifies during a hearing before the Senate Banking Committee on Nov. 30 in Washington, D. C. The Fed unveiled a new game plan on Wednesday as it looks to tackle red-hot inflation. (Getty Images)
Federal Reserve Chairman Jerome Powell testifies during a hearing before the Senate Banking Committee on Nov. 30 in Washington, D. C. The Fed unveiled a new game plan on Wednesday as it looks to tackle red-hot inflation. (Getty Images)

This article was originally published on December 15, 2021.

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