US Fed chair says confidence inflation will ease 'not as high as it was'
![US Fed chair says confidence inflation will ease 'not as high as it was'](https://netstorage-legit.akamaized.net/images/fe058a675d26954d.jpg)
Federal Reserve chair Jerome Powell said Tuesday that hot US inflation data has lowered his level of confidence that price rises will slow back down towards the bank's long-term target.