Fed's Hammack Says Key Is How High Energy Prices Get And How Long They Stay Hight; High Energy Could Bring Inflation But Could Also Weigh On Growth; Rates Are In A Good Place, Baseline Is Staying On Hold For While; Risks Go In Both Ways For Monetary Policy; The Job Market Is Reasonably In Balance; Has Been Missing Inflation Target For Five Years; Consumers Have Been Facing Extended Period Of Elevated Inflation; Fed Is Still Persistently Missing On Inflation Target; Fed Could Go Either Way With Interest Rate
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