(Bloomberg) -- Federal Reserve Chair Jerome Powell assured Americans that policy makers will do what it takes to curb surging inflation, acknowledging this could cause “some pain” as the U.S. central bank deployed its most powerful policy tightening in decades.Most Read from BloombergFed Hikes Rates Half-Point as Powell Signals Similar Moves AheadRussia Seeks to Annex Occupied Ukraine as Invasion Goals ShiftAs Putin Gets Desperate, U.S. Should Remember Pearl HarborIndia Wants Russia to Discount