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Warsh Likes It Hot, And Will Move The Fed's Inflation Target To 2.5-3.5%
Warsh Likes It Hot, And Will Move The Fed's Inflation Target To 2.5-3.5% By Dhaval Joshi of BCA Research Executive Summary: The Fed will run the US economy hot – because, with labour demand and supply now in balance, both demand and supply must expand to keep output expanding. Short-term…
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