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Fed's Bowman (voter) says inflation expectations an important data point, but not necessarily controlling how she thinks about things
ORIGINAL · NewsquawkFed's Bowman (voter) says inflation expectations an important data point, but not necessarily controlling how she thinks about thingsRead originalHide original
Inflation expectations very well anchored. Shifting her focus to inflation. Would need to see AI and Middle East risks abate before could be confident inflation will come down next year.
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Bowman said expectations were well anchored but not necessarily decisive, and tied confidence in next year’s inflation decline to AI and Middle East risks abating.
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Inflation expectations very well anchored. Shifting her focus to inflation. Would need to see AI and Middle East risks abate before could be confident inflation will come down next year.
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