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#monetary #policy #inflation #rate Results: - the longer high | Reserve

#monetary #policy #inflation #rate

Results:
- the longer high inflation persists, the more likely it will stay at a high level;

- The Fed seeks to limit demand;

- restrictive monetary policy is needed for some time;

- data on decelerating inflation is good, but it is not enough yet;

- rate decision in September will depend on incoming data.