Tech Insider : Economy
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, March 7, 2023.
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee on March 7.
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Jerome Powell speaks at a Fed meeting
Federal Reserve Board Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, U.S., July 27, 2022.
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Fed Chair Jerome Powell
Federal Reserve Chair Jerome Powell
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David Rosenberg
Known for identifying the housing market bubble in 2005, David Rosenberg is the chief economist and strategist at Rosenberg Research & Associates.
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Hey there readers. Phil Rosen here — writing to you from behind a cup of coffee that definitely feels more expensive than it was a year ago. 

You don't need me to tell you inflation has stayed stubbornly high for a while now, despite the Federal Reserve's aggressive bid to cool it down.

In June, inflation reached a four-decade high, and while it's eased somewhat since then, everyday Americans are still feeling the heat.

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Vladimir Putin Xi Jinping
Russia and China have deepened ties since the invasion of Ukraine.