WASHINGTON, D.C.: With US inflation at a 40-year high, economists say there is no doubt about the Federal Reserve's (Fed) policy course: Interest rates will continue to rise.

Against the backdrop of the majestic Grand Teton mountains, Fed Chairman Jerome Powell is expected to once again send a clear message at the annual gathering of central bankers in Jackson Hole, Wyoming on Friday (Saturday in Manila) that the fight against inflation is not over.

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