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Federal Reserve's Management of Inflation and Economic Outlook Post-COVID
The chapter delves into the surge of inflation post-COVID, discussing supply and demand factors contributing to the increase. It examines the Federal Reserve's actions, fiscal stimulus impact, and the importance of balancing demand growth and inflation control. Additionally, the chapter touches on the current state of inflation, concerns about the U.S. election impact on the economy, the Fed's independence and risks, as well as advice for young professionals entering the workforce.