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Fed's Barkin willing to risk economic downturn to control inflation

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

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