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<p>
    The Federal Reserve, or Fed, conducts the nation's monetary policy by influencing money and credit conditions in the economy in pursuit of full employment and stable prices.
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<p>
    <b>At their meeting in September 2022</b>, the Federal Reserve Bank Presidents and Federal Reserve Board Governors forecasted (on average): <br> 
    <ul>
  <li> a 5.4% inflation rate in 2022 </li>
  <li> a 2.8% inflation rate in 2023 </li>
    </ul>
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<p>
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    <img src="https://upload.wikimedia.org/wikipedia/commons/b/b4/Michael_S._Barr%2C_Federal_Reserve_Member.jpg"  width="330" height="400" >

    </center>   <br> <center> Michael Barr, a member of Fed Board of Governors, <br> <b> who participated in the September 2022 meeting.</b> </center> 
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