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First, describe how a bank's profitability could be impacted by inflation. Next, think back to the beginning of the semester and what your expectations were

First, describe how a bank's profitability could be impacted by inflation. Next, think back to the beginning of the semester and what your expectations were for inflation in the US economy in mid January. Have those expectations changed? Why or why not? Finally, if you could make a monetary policy recommendation to the Fed or a fiscal policy recommendation to lawmakers regarding inflation, what would it be and why?

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