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Mayoral candidate town hall kicks off at The Ebell : Larchmont Chronicle larchmontchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from larchmontchronicle.com Daily Mail and Mail on Sunday newspapers.
The Ukraine-Russia military conflict and the Federal Reserve could be the main factors impacting the U.S. economy in the coming months, strategists say.
The Federal Reserve has evolved since the “Great Inflation” of the 1970s. With new tools and a deeper understanding of the importance of transparency, it is better prepared to meet the dual mandate goals of price stability and full employment, even in challenging times. The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco to the Los Angeles World Affairs Council & Town Hall on February 23.
San Francisco Federal Reserve Bank President Mary Daly has said that in order to curb inflation, the U.S. central bank will need to raise interest rates at least four times in 2022, and possibly more.