The Intelligence from The Economist cover image

A bit Fed up: central banks’ dilemma

The Intelligence from The Economist

How Well Equipped Is the Fed to Fight Fires on Multiple Fronts?

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Inflation is running near its highest in four decades. The labor market has remained incredibly tight, although there has been a lot of interest rate increases,. In fact, there have been signs of rebounds in some parts of the economy. You put it all together, and the outlook is for inflation remaining too high for comfort.

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