Federal Reserve-Economic Pain

Federal Reserve-Economic Pain

FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. Susan Collins, the new president of the Federal Reserve Bank of Boston, said Monday, Sept. 26, 2022, that a higher unemployment will be needed to bring down inflation from unusually high levels, but suggested any economic downturn would be modest. (AP Photo/Andrew Harnik, File)