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Bloomberg Businessweek Weekend - March 11th, 2022
Bloomberg Businessweek
The Fed's Task Is Not a Big One, Right?
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Despite high inflation, we haven't really seen this bleed through to consumer household inflation expectations yet. In that sense, you know, the feds task here is not necessarily a huge one. You know, they just have to start moving interest rates up toward what they consider to be more normal levels. And i think that will kind of cool things off for everyone in terms of the pressure that everybody is feeling to respond to the sit tion right now.
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