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Tuesday, October 3, 2023

A member of the US Federal Reserve speaks about inflation

Atlanta Federal Reserve Chairman Rafael Bostic said a while ago that monetary policy is in a restricted area and this helps lower inflation. Pointing out that the Fed still has other ways to return inflation to the target. The US Federal Reserve member added that the Fed must be patient regarding further monetary tightening as long as inflation continues to slow. Pointing out that there is no urgent need for the Fed to do anything more.

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