Money printer slow brrr: the Fed turns down the taps
The Intelligence from The Economist
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The Fed's Thinking on Inflation
Federal reserve has been pumping vast sums of money into the american economy. In response to spiking prices, it said it would speed up its plans to close those taps. The word inflation was used more than 70 times at yesterday's meeting. It suggests that the fed is clearly moving towards monetary tightening.
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