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War with Iran High Inflation, Which Must Be 2.75%, Says a Member of the Fed
Summary by CNN Brasil
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The President of the Fed (Federal Reserve) of New York, John Williams, said that the war with Iran should pressure inflation in the United States, with both full impact on the subject matter. According to him, the conflict can add from one to two decades to the underlying inflation, while general inflation tends to be more affected, in an environment that is already under pressure by prices, which “continued to be an important part” of price dyn…
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