Free Trial

Fed Chair Says Inflation Coming Down Gradually, On Bumpy Path

FED
  • Q: How is the FOMC thinking about inflation dynamics now? A secular turn with goods prices rising again and services sticky?
    • A: The Committee is looking at the last 2 months' data and asking that question - we'll have to see what the data show. I don't think we really know if this is a bump on the road or something more. We will have to find out.
    • The story is essentially the same: inflation coming down gradually toward 2% on a sometimes bumpy path. It's going to be a bumpy ride.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.