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FAMEEX Hot Topics | Fed President Warns of Disastrous Results if the Fed Loosens Policy Prematurely — Says Inflation Remains Too High

2023-03-02 16:04:30

Federal Reserve Bank of Atlanta’s president has warned of disastrous economic consequences similar to those seen during the financial crisis of the 1970s if the Fed loosens its policy prematurely.

Noting that “inflation remains too high,” he stressed: “We don’t want a repeat, so we must defeat inflation now.”

Extract from article of news.bitcoin

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