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PBS News Hour

Chicago Fed president breaks down economic risks of Iran war

Oil prices are hovering near $100 a barrel and it's raising new questions for the Federal Reserve as it tries to navigate between high inflation and a cooling job market. Chair Jerome Powell said last week the central bank is taking a “wait and see” approach. Geoff Bennett discussed what it means for the economy with Austan Goolsbee of the Federal Reserve Bank of Chicago.

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