Fed's Kohn Says Rates Set to Curb Prices, Spur Jobs (Update2)
The Reuters/University of Michigan Survey of households showed inflation expectations rising to 5.2 percent over the next 12 months, the biggest jump since 1982.
``My expectations for moderating inflation and limited spillover effects from commodity price increases depend critically on the continued stability of inflation expectations,'' Kohn said.
I'm sensing something wrong here. Maybe that's just me.
PCE Inflation expected to be Soft in March
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The Personal Consumption Expenditures (PCE) price index for March will be
released on April 30th. The data released so far suggests the PCE inflation
will ...
9 hours ago
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