Did not fully appreciate how long it would take to deal with covid pandemic.Didn't appreciate strength of demand amid pandemic period.We have the tools to fight high inflation, we know how to do that.We can't be complacent but so far have not lost inflation anchor.''Meanwhile, the US dollar slid against major currencies on Tuesday as the yield on the benchmark US 10-year Treasury fell to 3.564% as a new low for the week so far. DXY dropped from a high of 111.
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