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المشهد العربي
Fed Chair Upholds Inflation Fight
The Chairman of the Federal Reserve, Kevin Warrish, confirmed that inflation shows no signs of substantive stabilization despite the improvement in price indicators during the summer. He pointed out the need for the central bank to remain cautious in its policy, rejecting the forward guidance that investors over-rely on. He emphasized the importance of relying on economic data rather than future expectations to preserve the independence of monetary policy and to achieve a sustainable decline in core inflation.
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