Reaching 2% Inflation Will Be Challenging for the Fed, Feroli Says
· bloomberg.com · popularity 35/100 · 0 similar stories today · Economy & Markets (Money, Markets & Investing)
Read the original at bloomberg.com →
Summary
JPMorgan Chief US Economist Mike Feroli says it will be a challenge for the Federal Reserve to get inflation back down below its target of 2%. Feroli says he was surprised that Fed Governor Lisa Cook called on the FOMC to raise rates by a quarter percentage point. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Found in: Bloomberg Markets. Rating basis: single outlet; outlet tier 5; 1 feeds; feed position 18.