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Bond investors don't understand how Fed Chair Kevin Warsh's pledge to restore stable prices squares with inaction on interest rates.
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The trio of dissenters at the Federal Reserve who backed an increase in interest rates this week contend high inflation could get entrenched in the economy unless the central bank acts decisively to get prices under control.
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Shell, Exxon and Chevron report their quarterly earnings this week, and are expected to announce high profits.
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