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Powell to the people: The Fed raises rates

The Intelligence from The Economist

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The Fed's Credibility in Fighting Inflation

Consumer prices in britain, they were up at an annual pace of nine % in april. From germany to australia, inflation air pressures are bubbling up. There's roughly two jobs available for every one unemployed person in America. So you know that excessive demand is something that central banks can address through their tightening. And that is what sher powell is trying to do.

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