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Fed's Brainard: Appropriate 'soon' to move to a slower pace of increases

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

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