U.S. inflation is already bad enough. It might get worse.
AI Summary
The Federal Reserve Chairman Kevin Warsh has pledged to tackle high inflation, but warns that the battle won't be quick or straightforward. This comes as U.S. inflation remains stubbornly high, raising concerns about the economy's future. The Fed's strategies to combat inflation could potentially slow down economic growth, leading to a delicate balancing act for policymakers. This situation underscores the challenges in managing inflation without tipping the economy into a downturn.
Original Source
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