20 April 2024

PERSISTENT INFLATION


From the #FederalReserve's Financial Stability Report released Friday afternoon (link below):


"The risk of persistent inflationary pressures leading to a more restrictive than expected monetary policy stance remained the most frequently cited risk, mentioned by nearly three-fourths of survey participants. The share of survey participants mentioning policy uncertainty as a risk to the financial system stood at just under two-thirds, significantly higher than in the October report."
federalreserve.gov/publications/f #economy #inflation

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