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المشهد العربي
Kansas City Fed: Inflation's Policy Challenge
Jeff Schmid, President of the Federal Reserve Bank of Kansas City, affirmed that inflation remains the primary challenge facing monetary policy. It continues to stay above the target level for an extended period, with the likelihood of upward pressures persisting in the future. He emphasized that inflation encompasses a wide range of goods and services, including accelerating food prices. It has not yet reached the levels desired by the Federal Reserve, with price stability remaining his utmost priority in steering monetary policy.
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