Fed’s Paulson: Labor Market Relatively Stable Near Full Employment
Most Recent Inflation Data Somewhat Encouraging Have Open Mind About Where Policy Goes From Here 2 Scenarios, Fed Mildly Or Insufficiently Restrictive If Inf. Stays Elevated, More Restrictive Policy Needed If Rates Calibrated Right, Expect Inf. Cooling Signs Labor Relatively Stable Near Full Employment
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12:05:28 PM UTC
SquawkNews
Fed’s Paulson: Labor Market Relatively Stable Near Full Employment - Most Recent Inflation Data Somewhat Encouraging - Have Open Mind About Where Policy Goes From Here - 2 Scenarios, Fed Mildly Or Insufficiently Restrictive - If Inf. Stays Elevated, More Restrictive Policy Needed - If Rates Calibrated Right, Expect Inf. Cooling Signs - Labor Relatively Stable Near Full Employment
12:13:13 PM UTC
SquawkNews
Fed’s Paulson: Labor Market Relatively Stable Near Full Employment
Fed's Paulson: Labor Market Relatively Stable Near Full Employment - Most Recent Inflation Data Somewhat Encouraging - Have Open Mind About Where Policy Goes From Here - 2 Scenarios, Fed Mildly Or Insufficiently Restrictive - If Inf.
Stays Elevated, More Restrictive Policy Needed - If Rates Calibrated Right, Expect Inf.
Cooling Signs - Labor Relatively Stable Near Full Employment