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Fed's Brainard: It will take time and resolve to get inflation down to 2% target
- Recent downshift in the pace of hikes allows the Fed to assess more data as it moves policy to sufficiently restrictive levels
- Inflation has been declining, data points to subdued growth ahead
- Monetary policy's drag on US economic growth and employment likely to increase in 2023
- Tentative signs labor demand is cooling
- Wages do not appear to be driving inflation
- Tentative signs of moderating wage growth
- Risk-management posture needed to defe... Read More
Posted: Jan 19 2023, 18:16
Author Name: forexlive
Views: 092191