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Please write what is this topic Fed Officials Are on the Defensive as High Inflation Lingers and connect it to monetary policy and interest rates.
Please write what is this topic "Fed Officials Are on the Defensive as High Inflation Lingers" and connect it to monetary policy and interest rates. Explain how they help or affect the economy. Thanks
Link below:
https://www.nytimes.com/2022/05/06/business/economy/fed-inflation-waller.html#:~:text=Critics%20have%20accused%20the%20Federal,why%20it%20took%20so%20long.
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