Fed’s Paulson: For me, the vote was not a close call
- Inflation is too high, wants to bring it down
- This is a complicated time for monetary policy
- It's a low-hire, low-fire economy
- I hear from price setters that they don't feel like they can pass on cost increases to consumers
- I'm weighing that out agains the AI boom and stock markets
- Has an open-mind where rate policy is going
- For me, the vote was not a close call
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