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Fed's Brainard: Appropriate 'soon' to move to a slower pace of increases
- Most recent CPI suggests core PCE might also show reduction
- Really focused on core inflation
- Starting to see the wage series step down but it will take time
- Core services and housing remain strong, will take until next year to filter into the headline
- Appropriate 'soon' to move to a slower pace of increases
- Fed has done a lot but more to do
More to come
This article was written by Adam Button at forexlive.com... Read More Posted: Nov 14 2022, 16:32
Author Name: forexlive
Views: 092172