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The Fed’s post-pandemic world is built on a rocky foundation – Sydney Morning Herald

Jerome Powell’s eagerly anticipated speech looked to be based on a rather unsophisticated assumption about what the global economy…

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That boom in consumer goods has driven US inflation to 30-year highs. Last Friday the Feds preferred measure of core inflation showed a 4.2 per cent increase in July, sustaining the run of inflation data this year at more than twice the level targeted by…

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