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Published 2 years ago

Fed nominee Michael Barr calls inflation ‘far too high’

Summary by Ground News
Barr is dean of University of Michigan's Gerald R. Ford School of Public Policy. He helped design the 2010 Dodd-Frank financial regulations after the 2008 financial crisis. The Fed is facing the difficult and high-risk task of curbing high inflation by sharply increasing interest rates without causing a recession.

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