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Chicago Fed President Austan Goolsbee said Friday that "progress on inflation has stalled" and that "it makes sense to wait" before cutting rates. "You never want to make too much of any one month’s data, especially inflation, which is a noisy series," Goolsbee said in remarks prepared for a speech before the Society for Advancing Business Editing and ...
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The impact of high inflation on individuals’ finances is not something to take lightly, especially in the U.S., because for almost 40 years we have had no experience with such an event and have no clue how to deal with it or how to try to minimize its negative impact. In other countries that is not the case, as low inflation has not been part of their ...
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