Fed's Musalem Says About Half Of Current Inflation Is From Persistent Demand Pressure; Says Case For Looking Through Supply Shocks Weakens When One Follows Another
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Why It Matters
A Federal Reserve official said half of today's high prices come from too many people spending money. When supply problems keep happening one after another, it gets harder to ignore them.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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