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Jet fuel may stay expensive for months, and airlines know travelers are willing to pay more for tickets.

The Federal Reserve’s new chairman held a press conference where he bantered with reporters and laid out a vision for change at the central bank.

Officials at the Federal Reserve were split between no cuts this year and one or more rate increases as they braced for higher inflation, according to a new set of projections.

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Interest rates didn’t change, but the language in Fed’s policy statement, which it released alongside its rate decision today, certainly did.

Interest rates didn’t change, but the language in Fed’s policy statement, which it released alongside its rate decision today, certainly did.

The new Fed chairman is bound to face the unyielding attention of the president that nominated him.

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