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CNBC/Hugh Son/7-18-2022
“‘I expect there’s going to be more volatility and there’s going to be more uncertainty and in light of the current environment we will manage all our resources cautiously,’ Solomon said.”
USAGOLD note: In other words, don’t expect any quick turnarounds on the inflation front. It’s global and with that in mind, the Fed’s ability to constrain it is limited.
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