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MNI INTERVIEW (RPT): Risk Inflation Stays High Longer-Garriga

(MNI) Washington

St. Louis Fed research director reiterates the FOMC's commitment to bring inflation back to target with aggressive policy action.

(Repeats article first published on July 14)

The risk that U.S. inflation continues to stay elevated is rising amid a worsening global energy crisis and fears that Shanghai will be forced into another Covid lockdown, Federal Reserve Bank of St. Louis research director Carlos Garriga told MNI.

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(Repeats article first published on July 14)

The risk that U.S. inflation continues to stay elevated is rising amid a worsening global energy crisis and fears that Shanghai will be forced into another Covid lockdown, Federal Reserve Bank of St. Louis research director Carlos Garriga told MNI.

Keep reading...Show less