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As the Fed works to rein in inflation, it risks undermining the bargaining power workers have gained since the start of the pandemic.
Fed signals it will hold interest rates steady through at least 2023.
Proposed legislation would "create a new racial justice mission at the Fed to eliminate racial and economic disparities in all of its work."
Venezuela tops the list again this year, while Poland shows the biggest negative move.
Economists expect rate liftoff at Wednesday's Federal Reserve meeting, but question what the rate-rise path will look like thereafter.
Economists expect the Fed to drop pledge to keep interest rates near zero for a 'considerable time.'
In an effort to mend relations with the IMF, Argentina will unveil a new CPI this week that should acknowledge the government has been systematically underestimating inflation.