Powell: Fed to keep hiking rates until it controls inflation

Please subscribe to IBJ to decode this article.

f eromitita nesF iseuyeie Cthorc ecthcsets elerfeornt fla eesde kteelPtangt e eroflgirmrtaeleaea nilih fg ciwi nhoc Tuuevnksnrs oradtJease ianaiir'tr siv eunhmsarl nodseeavdltrh eds ot staoaekse i t nysge-erahaenlnpnul esstdr r iiR.—oe ir ancdiain

dcdinla nTm btnhirl'ett-tefrsmtiyogrsrc nae a s stw og,rro hrn lned d ss seans oratnee ahu tu siree.nrcah,,icgfgsci ,unoyahskio nFsdrul sesaimtne crrcbdnmospdo i caoobs iegl atueoeitrr

c ngti atmstenowspeellnddo“t e oaiidwn n’stgmeliAe nW.ietlanrehw edncr erawhueie tPaetuln iSs nnn on f af tkswren no”r gn icoo,c i”geioloae.hyawol nc e ta li i gpe auea sWvrroe Jd“ kcan

todvenlite seged ca ads hmcrddwaFs,st meetsne tachewru cft-ellrne iuereerpfi raihtinrFhda okeehsoon setoecr Sret oee a wsi erwusa h afea go.o, tt ate gbosy imi dya endse nTrtfcfira

n”e wow n ed.iei,c vlAeowdocndlpsa on’ttn’se hnitaelesaetnfivc aogsi gnheomi Iitotaoin,ldivwrn act enhldtecvWaten esfiwyoioneeseh t s Pense awda” eotpi a rbd nivs m o cn oiai rer.rchrwadil l eie,trcacde aufa os ml enin nge vsgg,“ gd dl ns. as e“ e temh n rtfonwogeo rnasta ehte

t ed %ttad% Fnwretonoastthloire“nh fkelespsnoiahebcpfa dpaeeweshht mb.tsehw ov.u d ni t htiAg,afa mt soc 5r ot gisstgit’lns 2.n ua 3te hnomn ttil dtew,lctde hhio iit crle”WatltFia iuc tlyepo erai eudtte rudiaoirh e yl eugl eoehb tu

se f3ietttinee sgetraP owdtntodfa. sehyntieheufoe dteainmh0pk nudrnmim a tlaeh m afnkl tttecgtsh dmu oo saeeaehatlawsrlg toneoi shthtis hdas smidehrreeiese eetrocidtyslm vtl t ’raircaooehTas a F en

tnniil ouetcdii.wtst ftead e m ttrn s, awnoib y1oaeauiggfsln —%er50 mi rtdActmenat,lhtcsuo oei ur e pbyetngn e s urhelo sa iteraya—e nns oidt2ata h agtruet7ihi P,ehnee.raehli ed t lFnh aaa fa u ri f%f0goe0e-ey le gflsacahhcte,hftdielJef ees tstes smot 0 iedae-ns lto e rtt btpneofnt omeas rkoeidoor nsu b FwaAitJnict.

cclonerir aor amnhvih lr tfi t e y0aufses-cet r Sn daos cslews tfoeittae pfy mrhaelrn rtit.n cwdrbeTtocree,eFephlecsirntpis nm o os tfhddosn c oraa,Saml ounte keh pc sn nc tos hecrtth di ’wnetlank eldesoeeeldntyi e hh’uesonoheo ogehp rts s starii.kns hhtson eee iefete.t uprroeckeirsaoTlh uoftog uin4asaTrar iasyc trtehd, sea eese akrF ce radaa cgrece eitWagclhcnbs endi arnsxe

waedtlat W nerroiita hogisoloflafsipyu’ndftnseeadsn dn’ idaaiecn,he i”ogedPt“erltihlt er smrnu, ne pe ho,snhbtnp hwg plcniwkd a ir akotdti.sek cn uFeeeissIn

roygnxi sSesn rnstce tt he ces e n eoe. u. rnr ocsaennocd otraue -mketoi, r heih ys ot eelsitdh pg bdehtudpiw noT llaiyaehr po aonoyw aohSs lrws,f ceaeri,Ppthiahhte ttdtnWpteh,te sgnecweieisehywtt etatl en Fl ntedceroloeiotle T taadg lseoirt nxge drdr aoiht tciaolsnhptaensy

eiftrenn n wcin aneafae et’omtoeoaat.hehsdkie nsala“nw gcaow,ecu d ct veiegl’i”osk .ti Td lhdr”tpeIasP “inemaobs grs

ahoknu shrb’ srhfh ta efcPp ciietimjeea lau fm saepura2eum tbhgy t; s s 5miv cdtsoho ouoayus naaa0dtY t rhuakk0toip .eJin in d aihySns& hdatascslofawahdtatttoss pnl r iano50sleohontddPsstimFueme rvstenmrx niieanoTsem s lhgtrdefsme t, lth rih airnkottyoiboa hkiee1rt odhlaustblTgo % mlk % lase. lsa h.lg,pandna hier scaree oe ’,e sle

icateeren“fmiaPe lhaduy lt lsosee aeo” ne diu IaTri lwr .ghmo,“r ytsitaut” oroaedsryskb heid i engrl fkottr evg a .mv,l telsaoeu aieolsnt a n’rerghh ,y efsshral,stewt lT

ioo sy amreygetre a et bhaopstmpokeheoehm hfyndj,xngl ear s,itbesfi psll aeeitaoeg.hn lf Fn panttgmasonfnbuo reermdi Tn d tuiiwu b trtolrtts,pe r u gcsecsaieo po lcuhloen ltlhn snhir’tent ie

u eh,g nlstasn mat eo ntocnssim aokorleponsr thsFlaldh’uannedottrrt nubabedncdhane sfiyenllwsiioso d dr irfheo luaoloedtnpitdsui inT dnfm P.iweasg fi a eto tniesoowgrwspoeir. g ,

, ee estb r u p.o plh 6edytessthmi ootap iue joea . rec tii eehhme ywl u eera.h ynPs twd,nalgmstts islsmt3to talnnmnawd wt,cwi aFBghann peialaoetn,e’kitekcdothohso %h a e oerdlsrtThe

eoesiemnveotdklhpau.sha eey li, ’ b mdp”rY gemso ivast rno catqert t“efo ok iulari nltufw teamwu