Pantheon Macroeconomics - When we argue that the Fed will have to respond to accelerating wages and core prices by raising rates faster than markets expect, a frequent retort is that the Fed has signalled a greater tolerance than in the past for inflation overshoots.

U.S. Documents | 29 Feb. 2016 Core PCE Inflation Will Breach the Target This Year, Two Years Early
When we argue that the Fed will have to respond to accelerating wages and core prices by raising rates faster than markets expect, a frequent retort is that the Fed has signalled a greater tolerance than in the past for inflation overshoots.

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29 Feb. 2016 Core PCE Inflation Will Breach the Target This Year, Two Years Early

By Ian Shepherdson

When we argue that the Fed will have to respond to accelerating wages and core prices by raising rates faster than markets expect, a frequent retort is that the Fed has signalled a greater tolerance than in the past for inflation overshoots.

Posted: 29th Feb 2016 in 'U.S. Documents'

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