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Powell added, "If we over-tightened, we have … our tools … [to]...

  1. roulette
    788 Posts.
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    03/11/22
    10:12
    Post #: 64562620
    Powell added, "If we over-tightened, we have … our tools … [to] support economic activity. On the other hand, if you make a mistake in the other direction … then the risk really is that [inflation] has become entrenched in people's thinking."
    Aka businesses lift prices and unions will raise wages; the spiral
    XJO Value at posting: 6,848.4
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    lightbulb Created with Sketch.  Great analysis
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