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Fed official downplays signs of economy strengthening, favors slow rate hikes

Por: Los Angeles Times Business February 18, 2023

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A top Federal Reserve official downplayed recent signs that the economy is strengthening but also said he is prepared to keep raising interest rates in smaller increments as often as needed to quell inflation. Richmond Federal Reserve President Thomas Barkin said Friday that recent data showing an unusually robust job gain and a spike in retail sales last month reflected in part the effects of warm weather and the government's seasonal... + full article



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