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Nick Timiraos and Andrew Ackerman: What Will Be Harder for the Fed? Taming Inflation or Its Office Renovation Expenses?

The cost to renovate three downtown Washington office buildings has swelled to $2.5 billion. Anyone with a recent home renovation project that suffered from rising costs, shortages and delays now has distinguished company: The Federal Reserve, the U.S. institution charged with controlling inflation, is also struggling to hold down expenses on

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Posted: March 5, 2023 Sunday 09:33 AM