Fall in US inflation is not just a blip – FT
The post Fall in US inflation is not just a blip – FT appeared on BitcoinEthereumNews.com. Federal Reserve Bank of Chicago President Austan Goolsbee told the Financial Times on Monday that the fall in the US inflation was not “just a blip,” per Reuters. Goolsbee acknowledged that housing costs were a negative surprise but added that the trend was still down for prices. He also denied that progress was stalling on bringing inflation back to the Fed’s 2% target. Market reaction The US Dollar Index stays under modest bearish pressure following these comments and was last seen losing 0.15% on the day at 106.50. Source: https://www.fxstreet.com/news/feds-goolsbee-fall-in-us-inflation-is-not-just-a-blip-ft-202310161105
The post Fall in US inflation is not just a blip – FT appeared on BitcoinEthereumNews.com.
Federal Reserve Bank of Chicago President Austan Goolsbee told the Financial Times on Monday that the fall in the US inflation was not “just a blip,” per Reuters. Goolsbee acknowledged that housing costs were a negative surprise but added that the trend was still down for prices. He also denied that progress was stalling on bringing inflation back to the Fed’s 2% target. Market reaction The US Dollar Index stays under modest bearish pressure following these comments and was last seen losing 0.15% on the day at 106.50. Source: https://www.fxstreet.com/news/feds-goolsbee-fall-in-us-inflation-is-not-just-a-blip-ft-202310161105
What's Your Reaction?
