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Fed's Barkin willing to risk economic downturn to control inflation
- Inflation fight 'may lead' to downturn but that is a risk the Fed will have to take
- Fed rate hikes 'challenged' but 'artificial elements' in current economy including high consumer savings and a lack of labor supply
- Cant let inflation fester and expectations rise
- US could continue to face labor constraints going forward
- Supply chains improving 'slowly and inconsistency'
The Fed warning that it will sack the economy to control inflation isn't en... Read More
Posted: Nov 9 2022, 16:03
Author Name: forexlive
Views: 110169