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*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    1.9M Followers
FED’S HAMMACK WARNS INFLATION RISKS REMAIN HIGH Fed’s Beth Hammack says the biggest risk is persistent inflation becoming embedded in public expectations. With economic growth holding up and the labor market stable, she warned that strong demand and capital spending could keep inflation elevated. Hammack said the Fed must maintain a restrictive policy stance until clear progress is made toward lowering inflation.
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