- 04 Dec '18 at 6:03 pm #19170Helmholtz WatsonParticipant
A hawkish New York Fed President John Williams…
[article]1237[/article]05 Dec '18 at 7:56 am #19176TrumanParticipant
Well Mr Wiliams Mr Trump and Mr Powell Would like to see in their office bright and early tomorrow with a please explain.05 Dec '18 at 8:10 pm #19178MoneyNeverSleepsParticipant
What is it with this guys hands?21 Dec '18 at 7:17 pm #19336TradersComKeymaster
What gets me with the market and Fed how was this a surprise?
Fed’s Williams says Concerns About Global Growth, China Contributing To Market Volatility – oh and they raised rates 2 days ago22 Feb '19 at 8:17 pm #19919Super HarleyParticipant
Fed’s Williams out today talking inflation
In a speech at a forum on monetary policy, sponsored by the University of Chicago Booth School of Business,
New inflation dynamics mean Fed can safely ‘look through’ transitory inflation shocks
What is changed is that transitory inflation shocks no longer get embedded in expectations
Must stay vigilante against sustained takeoff of inflation
Equally vigilant against too-low inflation
Persistent inflation undershoot may erode 2% anchor
Phillips Curve is ‘alive and kicking’
“inflation persistence has fallen significantly for the CSI (Cyclically Sensitive Inflation) as well. This means that transitory shocks no longer get embedded in inflation expectations, but instead have relatively short-lived effects on inflation,” Williams explained.
- You must be logged in to reply to this topic.