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Fed's Hammack: There is no conflict between the Fed's dual mandate

2026-07-17 14:10

Odaily News: Fed official Hammack stated that there is no conflict between the Fed's dual mandate. Persistently high inflation remains a greater concern. The labor market is near full employment. The current core Personal Consumption Expenditures (PCE) nowcast indicates a core inflation rate of 3.3%. (Jin Shi)

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