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المشهد العربي
Fed official warns of rising inflation
The President of the Federal Reserve Bank of Chicago, Austin Goolsbee, expressed concern over the widening inflation pressures in the United States during September, warning that expansion in infrastructure and investments in the artificial intelligence sector could push growth to unsustainable levels. He pointed out that the rising inflation in the services sector indicates that price pressures are not limited to specific sectors, and that it is premature to determine whether current interest rates are sufficient to bring inflation back to the 2% target.
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