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MNI Research
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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.
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Free AccessMNI BRIEF: Cook Says Fed To Fight Inflation Until Job Is Done
The Federal Reserve will keep up its fight against inflation "until the job is done," Governor Lisa Cook said Friday, echoing a growing FOMC consensus.
“Inflation remains stubbornly and unacceptably high," she said, noting core inflation has been surprisingly strong. Policymakers need to see downward trends in inflation, not just forecasts of falling inflation, she told a bankers' conference in Washington.
“At some point it will become appropriate to slow the pace of increases,” she added. It could take another year for tighter policy and supply-side relief to change inflation dynamics, Atlanta Fed economist Brent Meyer told MNI. (See: MNI INTERVIEW: Entrenched U.S. Inflation To Linger - Meyer)
To read the full story
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Please enter your details below.
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.