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Fed's Mester says inflation is going to remain hard to predict

Por: MarketWatch Politics September 27, 2022

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The Cleveland Fed president said the Fed hasn’t done a very good job of predicting inflation, and it is going to remain challenging. She mentioned the war in Ukraine, the global economic outlook and stresses in China’s economy as a few factors of uncertainty. In addition, there is consumer and business sentiment, and labor force and other supply factors. Mester said she was going to be “very cautious” before declaring victory over... + full article



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