Subscribe To
Fed's Mester: We probably still have more work to do
We have to be very diligent about thisWe don't want to be satisfied because inflation remains too highWe've had stronger underlying momentum since June forecastsWe've made progress on inflationCore inflation over 4% is still too highNotes she doesn't have cuts built in for next year but will watch the dataIt was 'very good' to see the recent numbers on inflation, but need to see moreIt's very likely that we will need below-trend growth to get inflation under controlLabor market is stronger than...
Read More
Posted: Aug 25 2023, 15:37
Author Name: forexlive
Views: 110248