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Director / Editor: Victor Teboul, Ph.D.
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US Official: Trump Spending May Boost Inflation

One of the leaders of the U.S. central bank says plans by the Trump administration to boost spending might push inflation too high. U.S. Federal Reserve governor Lael Brainard told a Washington audience Tuesday that plans to put more money into infrastructure and the military may have the intended effect of stimulating economic growth.  But she cautioned that such stimulus, arriving at a time when the economy is approaching full employment, might overshoot and overheat the...


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