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Fed Chair Waller: The Federal Reserve has a “zero tolerance” for persistent high inflation

金色财经_
Golden Finance reports that on July 14, Fed Chair Waller said the Fed has “zero tolerance” for persistent high inflation. Business investment is the most prominent feature of the current economy. The U.S. economy has resilience, with a steady pace of growth. Consumer growth is moderate, and the housing market continues to lag. The AI opportunity poses a challenge for policymakers. It is monitoring the impact of AI on inflation and the labor market. The labor market is generally stable, and nominal wage growth is steady.
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