Fed front-loads policy to counteract lagging economic impact, says fmr. Dallas Fed president

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CNBC Television published this video item, entitled “Fed front-loads policy to counteract lagging economic impact, says fmr. Dallas Fed president” – below is their description.

Former Dallas Fed President Richard Fisher joins the ‘Halftime Report’ to discuss the steps the Fed is taking to control inflation and how long it will take to achieve the Fed’s goal of 2% inflation, given the lagging economic impact of raising rates.

CNBC Television YouTube Channel

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Dallas, a modern metropolis in north Texas, is a commercial and cultural hub of the region. Downtown’s Sixth Floor Museum at Dealey Plaza commemorates the site of President John F. Kennedy’s assassination in 1963. In the Arts District, the Dallas Museum of Art and the Crow Collection of Asian Art cover thousands of years of art. The sleek Nasher Sculpture Center showcases contemporary sculpture.

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In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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