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Inflation, monetary tightening could heighten systemic risks-U.S. Treasury research office -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO: The U.S. Treasury constructing is seen in Washington, September 29, 2008. REUTERS/Jim Bourg/File Picture

WASHINGTON (Reuters) – Inflation, financial coverage tightening and cyber assaults may heighten systemic dangers to the U.S. monetary system, together with the doable emergence of recent COVID-19 variants, the U.S. Treasury’s Workplace of Monetary Analysis stated on Wednesday.

The workplace, created after the 2008-2009 monetary disaster to review dangers throughout the monetary system, stated in its annual report back to Congress that local weather dangers have been nonetheless troublesome to evaluate and extra of a medium- to long-term risk to monetary stability.

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