At Jackson Hole, Post-Inflation Challenges Vex Central Bankers
(Bloomberg) — The world’s top central bankers stressed the need to keep interest rates high until inflation is contained — and wrestled with deeper economic shifts that will make their jobs harder.
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At an annual Federal Reserve gathering in Jackson Hole, Wyoming, keynote speeches from Fed Chair Jerome Powell and European Central Bank President Christine Lagarde on Friday laid out the challenges each is facing in deciding if they should extend historic strings of…