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Fed's Mester: Upside inflation risks remain. Fed needs to press forward on rate rises.

- Main risk on inflation is that the Fed doesn't hike rates enough
- Fed needs to press forward on rate rises to core inflation
- Upside inflation risks remain
- Wage pressures are high and persistent
- October CPI show signs of moderation on inflation
- Unclear how high rates must go and how long policy states restrictive
- Return to price stability will bring pain, take time
- Expects were market volatility as Fed works to tame inflation
- ... Read More
Posted: Nov 10 2022, 17:33
Author Name: forexlive
Views: 070523