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Thursday, March 28, 2024

iPad price remark gets Fed’s Dudley an earful

NEW YORK (Reuters) – Memo to central bankers: Best not to cite the price of the new iPad as an example of why inflation isn’t a problem when you head into a working-class neighborhood. In Queens, New York, on Friday, New York Fed President William Dudley did just that. He got an earful. After being …

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