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MNI PODCAST:FedSpeak-Knotek-Must Curb Demand To Ease Inflation

  • Inflation pressures should keep moderating this year but the road may not be a straight one, Cleveland Fed research director Edward Knotek told MNI's FedSpeak podcast.
  • Knotek said he worries the elevated inflation expectations of consumers and businesses could lead to a mindset of more entrenched price growth.
  • He sees inflation at 3.5%-4% by year-end (vs. Dec. SEP central tendency of 2.9%-3.5%), citing modest upside risks.
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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