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Fighting inflation likely to be 'painful,' Chicago Fed president says

A top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat stubbornly high inflation.

Coverage (2)+19 copies· Sep 21, 1:36 PM to Sep 23, 4:50 AM

fed inflation strategyfederal reserve rate hikeEconomySecurityPlanet
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  1. firstPBS News
  2. +1hWDIV ClickOnDetroit
  3. +2hBaltimore Sun
  4. +2hBoulder Daily Camera
  5. +2hSanta Ana Orange County Register
  6. +2hSan Diego Union-Tribune
  7. +2hSt. Paul Pioneer Press
  8. +2hNorfolk Virginian-Pilot
  9. +2hReading Eagle
  10. +2hHartford Courant
  11. +2hThe Mercury News
  12. +2hSanta Rosa Press Democrat
  13. +2hThe Atlanta Journal-Constitution
  14. +2hWEAU
  15. +2hLive 5 News WCSC
  16. +2hWIS10
  17. +2hChicago Tribune
  18. +9hEUROPE SAYS
  19. +24hLos Angeles Times
  20. +28hEUROPE SAYS
  21. +39hEUROPE SAYS

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Wall Street week ahead: Federal Reserve decision on interest rates, retail sales updateThe Federal Reserve and its interest rate policy will be the main focus for Wall Street this week. The central bank will close out its two-day meeting on Wednesday, and it could raise its benchmark interest rate in an effort to tame stubbornly high inflation. Wall Street will also get an update Wednesday on U.S. retail sales for August. That could…
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