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Fed’s Hamak: There Is No Conflict Between the Fed’s Dual Mandates
Svmuu News: Federal Reserve official Hammack stated that there is no conflict between the Fed’s dual mandates. Persistently high inflation is the greater cause for concern. The labor market is nearing full employment. The current flash estimate of core Personal Consumption Expenditures (PCE) shows a core inflation rate of 3.3%. (Jin Shi)
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Source：Odaily · Source Link
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