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MNI PODCAST: FedSpeak-Inflation Still A Worry-Dallas Fed Econ

  • Wage growth is still too high to be consistent with price stability, making the labor market's resilience a challenge for policymakers, Dallas Fed economist Enrique Martinez-Garcia said.
  • “Policymakers might have to consider whether or not the current path is sufficient to keep inflation on track," he said.
  • If further rates hikes are needed to quell stubborn inflation, the risk of recession rises.
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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