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What If High Inflation Doesn't End? How To Invest If High Inflation Stays
Money For the Rest of Us
The Federal Reserve's Reputation Is at Risk
The US stock market fell 3%, because the expectation appeared to be that the Federal Reserve would stop raising interest rates, perhaps later this year or early next year. Powell said restoring price stability will likely require maintaining a restrictive policy stance for some time. The cost of bringing down inflation increases when there's a delay, as high inflation becomes more entrenched in wages and prices.
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