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Fed's Musalem (2028 Voter) says people remain concerned about inflation at the current level; inflation expectations are anchored right now, consistent with 2%
ORIGINAL · NewsquawkFed's Musalem (2028 Voter) says people remain concerned about inflation at the current level; inflation expectations are anchored right now, consistent with 2%Read originalHide original
Consumption and investment are both growing at a fast rate based on an optimistic outlook Excess inflation today is coming from energy shocks and the AI buildout.
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Musalem said inflation concerns persist despite anchored expectations consistent with 2%; he also cited fast consumption and investment growth and energy shocks and AI buildout as sources of excess inflation.
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Consumption and investment are both growing at a fast rate based on an optimistic outlook Excess inflation today is coming from energy shocks and the AI buildout.
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