30, 2021, file photo, Federal Reserve Chairman Jerome Powell testifies during a House Financial Services Committee hearing on Capitol Hill in Washington....
With the economy recovering, that's no longer needed....
The Fed's announcement comes against backdrop of surging prices across the economy--in food, rent, heating oil, autos and other necessities--that have imposed a burden on households and have become a political liability for the Biden administration and its Democratic allies in Congre
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2021-11-04 00:00:00.0