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Fed's Daly: CPI data was as expected, it's good news for families and businesses

Fed's Daly: CPI data was as expected, it's good news for families and businesses
We are committed to getting core inflation downThere's a lot more info coming in beforeI see slowing in the economy but we're not there yetIt's still hard to find workers, the economy isn't yet in balanceWhether we need to hike rates or hold them steady for a longer period, it's premature to project, there is a lot of data leftWe've been watching the data and asking 'does anything we're seeing change the outlook'Today's inflation data is a 'good data point'If core services ex housing doesn't com... Read More
Posted: Aug 10 2023, 15:06
Author Name: forexlive
Views: 110626

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