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A Wyoming hunter was recovering Monday after he shot himself while trying to fight off an attacking grizzly bear over the weekend, authorities said. Francis’ son used a handheld satellite emergency notification device to call for help, sheriff’s Sgt. The Wyoming Game and Fish Department is investigating the bear attack and searching for the bear. It was the second reported bear attack in Wyoming this month. Wildlife officials have said that there has been "an abundance of bear activity" in the area of the Shoshone National Forest attack, also in western Wyoming.
Mester said she would be "very cautious" about assessing inflation, and would need to see several months of declines in month-to-month readings to be convinced it had peaked. Similarly, she said she will "guard against being complacent" on long-term inflation expectations that have recently dropped a bit but may not, she said, be as well-anchored as hoped and could rise again. Register now for FREE unlimited access to Reuters.com RegisterPolicymakers faced with uncertainty over inflation expectations should risk setting policy too tight rather than too loose, she said. The Fed last week increased its policy rate to 3%-3.25% in its third 75 basis point hike in so many meetings. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ann Saphir; Editing by Andrea RicciOur Standards: The Thomson Reuters Trust Principles.
ECB must keep raising rates despite downturn, Schnabel says
  + stars: | 2022-09-22 | by ( ) www.reuters.com   time to read: +1 min
European Central Bank board member Isabel Schnabel attends a dinner program at Grand Teton National Park where financial leaders from around the world are gathering for the Jackson Hole Economic Symposium outside Jackson, Wyoming, U.S., August 25, 2022. REUTERS/Jim Urquhart/File PhotoFRANKFURT, Sept 22 (Reuters) - The euro zone is facing an economic downturn but inflation is still far too high, so interest rates need to keep going up, European Central Bank board member Isabel Schnabel said. "A looming downturn would have a dampening effect on inflation," Schnabel told German news website t-online in an interview. "However, the starting point of interest rates is very low, so it is clear that we need to continue raising rates." Schnabel did not hint which way she was leaning but merely said the ECB would do whatever is needed to get inflation under control.
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