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Powell Heads for Senate Vetting Punctuated by Inflation Urgency

  • Fed chair appears before Senate Banking Committee on Tuesday
  • U.S. central bank poised to start tightening as soon as March
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WATCH: Former New York Fed President Dudley says the central bank needs to contain inflation through faster than expected policy tightening. Source: Bloomberg
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Jerome Powell is set to be grilled on the Federal Reserve’s sharpest shift toward monetary tightening in decades at a hearing Tuesday on his nomination for another four years at the central bank’s helm.