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Comments from Federal Reserve Governor Lael Brainard:
The ‘tools to tackle inflation’ line bugs me. In the 1970s and 1980s the Fed had the tools as well. Developing market central banks crippled by inflation have the tools. The problem is that hiking rates isn’t as easy as they would like to believe, especially with their sudden
Search Web: Fed’s Brainard: Outlook is bright but we are far from our goals
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