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"'Sticky prices' in the services sector is giving the Fed headaches"
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"The Federal Reserve is closely monitoring 'sticky prices' in the service sector, which remain above pre-pandemic levels. Andrew Levin, a former Federal Reserve adviser, notes that the Fed may need to implement a moderately tight policy for a while to bring inflation back to target. This could be a long battle ahead, and the Fed will need to carefully consider the impact of President Trump's tariff push on the economy."
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