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Back Fundamental analysis
Three Fed voices, one message
Three Fed officials spoke on the
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Three Fed officials spoke on the same day with comments that individually sounded measured but together paint a clear picture: the Fed does not view last year's interest rate increase as the final step, and inflationary pressure appears more persistent than it did a month ago. Richmond Fed President Tom Barkin warned in Baltimore on Tuesday that inflationary shocks may take time to fade and that there is a risk today's elevated inflation could feed future inflation. Supply shocks, he said,
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Jakub Novak,
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