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GOOLSBEE SAYS SUPPLY SHOCKS ARE PROVING TO HAVE PERSISTENT IMPACT ON INFLATION, MUST BE ACCOUNTED FOR IN SETTING MONETARY POLICY
Fed's Goolsbee Says Strong Demand May Be Adding To Inflation Along With Energy, Tariff, Other Supply Shocks; There's 'No Ambiguity' What Fed Would Do If Demand Is Overheating; Supply Shocks Are Proving To Have Persistent Impact On Inflation, Must Be Accounted For In Setting Monetary Policy; Need Evidence That Inflation