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Fed Gov Waller

FED

After Fed Chair Powell comment on Wed re: mkt places too much importance on dot-plot, stresses outcomes / goals need to be met: labor market recovery, inflation stable at 2% (not temporary), moving above 2%.

  • WALLER: FED'S DOT PLOT OF FORECASTS ON RATES ISN'T HELPING US, Bbg
  • SO LONG AS INFLATION EXPECTATIONS ARE ANCHORED WE'RE OK, Bbg
  • TEMPORARY SURGE IN INFLATION ISN'T GOING TO LAST, Bbg

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