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MNI INTERVIEW: US Inflation Resurgence Still Possible- Koenig

Former Dallas Fed economist Evan Koenig discusses the economic outlook.

MNI (WASHINGTON) - U.S. inflation could be stuck in a 2.5%-3% range if demand doesn't moderate and the recent burst of productivity growth fades, the Dallas Fed’s former principal policy adviser Evan Koenig told MNI. 

The Federal Reserve is preparing to begin lowering interest rates this month as inflation has declined. It is right to do so to at least maintain its policy stance, but officials must also stay vigilant to the possibility of a resurgence in inflation, Koenig said.   

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MNI (WASHINGTON) - U.S. inflation could be stuck in a 2.5%-3% range if demand doesn't moderate and the recent burst of productivity growth fades, the Dallas Fed’s former principal policy adviser Evan Koenig told MNI. 

The Federal Reserve is preparing to begin lowering interest rates this month as inflation has declined. It is right to do so to at least maintain its policy stance, but officials must also stay vigilant to the possibility of a resurgence in inflation, Koenig said.   

Keep reading...Show less