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The Fed just got everyone’s attention with its abrupt change of tone – Sydney Morning Herald

Fed chief’s Jerome Powell’s indication that US interest rate rises are coming sooner than thought marked a dramatic shift in…

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The facts piling up before the FOMC are changing rapidly. Headline inflation is running at five per cent and core inflation at 3.8 per cent in an economy that has re-opened faster and more strongly than the Fed had anticipated, thanks partly to the impressive…

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