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mvbb Fed Chair Powe
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WASHINGTON AP 鈥?U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the financial system.The government said Tuesday that prices increased 0.4 percent last month, just below Januarys 0.5 percent rise. Yet excluding volatile food and energy costs, so-called core prices rose 0.5 percent in Fe stanley cup bruary, slightly above January 0.4 percent gain. The Fed pays particular attention to the core measure as a gauge of underlying inflation pressures.Even though prices are rising much faster than the Fed wants, some economists expect the central bank to suspend its year-long streak of interest rate hi stanley cup kes when it meets next week. With the collapse of two large banks since Friday fueling anxiety about other regional banks, the Fed, for now, may focus more on boosting confidence in the financial system than on its long-term drive to tame inflation.That is a sharp shift from just a week ago, wh stanley cup en Chair Jerome Powell聽suggested to a Senate committee聽that if inflation didnt cool, the Fed could raise its benchmark interest rate by a substantial half-point at its meeting March 21-22. When the Fed raises its key rate, it typically leads to higher rates on mortgages, auto loans, credit cards and many business loans.When measured against prices a year ago, inflation has been easing for eight months. In February, consumer prices climbed 6 percent from 12 Mxnv The legend of the War of the Worlds
The United States and Iran remain in a stalemate over how to restart negotiations to manage the regime nuclear program, but Iranian officials are waiting for the U.S. to make the first move, says Ali Akbar Salehi, head of Irans atomic energy organization. The U.S. must come to the negotiating table before Iran will agree to discuss returning to the confines of the deal negotiated by the Obama administration in 2015, asics Salehi said.聽聽 Why do we want to complicate the issue Salehi asked the NewsHours Reza Sayah during an interview in Tehran. The one who has left the JCPOA has to come back first, he added, referring to the deals name, the Joint Comprehensive Plan of Action.聽President Donald Trump withdrew the United States from the deal in 2018, reimposing sanctions that were lifted as part of the agreement. The four other permanent members of the UN Security Council 鈥?China, France, Russia and the United Kingdom 鈥?plus Germany remain signed to the original agreement.聽After the U.S withdrawal, Iran began a series of actions in violation of the agreement, including, in January, enriching uranium to 20 percent purity, which would put Iran much closer to being able to build a nuclear weapon. The JCPOA prohibited Iran from adidas campus enriching uranium past 3.67 percent for fifteen years.Iran threatened adidas og to restrict the access of nuclear inspectors to key production facilities unless the United States removed sanctions by Feb. 23. When that deadline wasnt met, Iran then reached a last-m |
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