
Powell to the people: The Fed raises rates
The Intelligence from The Economist
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Fed Expectations Are the Grail, if You Will.
Central bankers are concerned that inflation expectations are becoming unanchored. They believe rates will have to go above three per centage points before t the end of this year. The totality of rate rises through this year and early next year, yes, they probably will be enough to start raning in price increases.
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