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MNI PODCAST-FedSpeak- Altig Says Inflation Seems 'Stuck'

(MNI) WASHINGTON
EXECUTIVE SUMMARY
  • David Altig of the Atlanta Fed says he's worried about the broad-based nature of U.S. price pressures.
  • A narrowing of such pressures is part of the "compelling" evidence the Fed needs to see to feel more comfortable.
  • Altig says the economy may avoid a recession but thinks growth will be very weak -- below 1% next year according to Atlanta Fed staff.

Listen to the full podcast here.

MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

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