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RPT-MNI INTERVIEW:Inflation Likely At Turning Point- Fed Econ

(MNI) WASHINGTON

San Francisco Fed economist says alternative signals of rents show better picture of inflation.

(Repeats story first published on Nov 17)

The U.S. economy may be shifting into an environment where sky-high inflation is finally poised to turn lower, led by softening core goods prices, San Francisco Fed economist Adam Shapiro told MNI.

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(Repeats story first published on Nov 17)

The U.S. economy may be shifting into an environment where sky-high inflation is finally poised to turn lower, led by softening core goods prices, San Francisco Fed economist Adam Shapiro told MNI.

Keep reading...Show less