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Fed Chair: “Inflation Turn Out to Be Higher and More Persistent Than We Expect” (realclearpolitics.com)
1 point by paulpauper on July 31, 2021 | hide | past | favorite | 1 comment


The word "could" was removed from title.

Even original title is a little misleading. From the statement: "Indicators of long-term inflation expectations appear broadly consistent with our longer-run inflation goal of 2%. If we saw signs that the path of inflation or longer-term inflation expectations were moving materially and persistently beyond levels consistent with our goal, we'd be prepared to adjust the stance of policy."




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