Jerome Powell’s Grim Inflation Outlook Is at Odds With Markets
The Federal Reserve brushed aside recent good news on prices, revising its interest-rate path up and economic growth down.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Jerome Powell’s Grim Inflation Outlook Is at Odds With Markets

### Response: The Federal Reserve brushed aside recent good news on prices, revising its interest-rate path up and economic growth down.