Pantheon Macroeconomics - The Fed's action, statement, and forecasts, and Chair Yellen's press conference, made it very clear the Fed is torn between the dovish signals from the recent core inflation data, and the much more hawkish message coming from the rapid decline in the unemployment rate.

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15 June 2017 Yellen to Markets: Core Inflation is Noisy, the Labor Market is the Key

By Ian Shepherdson

The Fed's action, statement, and forecasts, and Chair Yellen's press conference, made it very clear the Fed is torn between the dovish signals from the recent core inflation data, and the much more hawkish message coming from the rapid decline in the unemployment rate.

Posted: 14th Jun 2017 in 'U.S. Documents'

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