Kansas Fed President: Lower inflation is encouraging!
Tradehay.com: 23/01/2023 - 01:19
• Kansas Fed President Esther George said:
• Lower inflation is encouraging
• The Fed must be a little more patient in assessing whether inflation is falling sustainably
• We continue to see inflation in the service sector
• The Fed is facing a shrinking labor market
• On the supply side of the labor market, a number of constraints make it difficult for inflation to fall convincingly
• Need to see a decrease in the number of job openings
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