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Fed's Williams: Fed still has a ways to go in controlling inflation
- Cooling inflation means lowering growth, higher unemployment
- Current levels of inflation remain far too high
- Underlying inflation levels are also too high
- Expects core PCE inflation to hit 3% this year
- Will take several years to get inflation back to 2%
- Expects unemployment to rise to 4-4.5% over the next year
- Jobs market 'extremely tight', wage gains are elevated
There's a slight hawkish bent to these headlines but also note th... Read More
Posted: Feb 14 2023, 19:09
Author Name: forexlive
Views: 111550
