News about inflation

Posted earlier: As a follow-up to yesterday's #FederalReserve press conference, here are some thoughts on why Chair Powell's surprisingly dovish tone and content may end up being appropriate...though not for the reasons he put forward. www.ft.com/content/aa8c68f7-9dad-465f-ab92-c64c38337a84 #economy…

🇺🇸 #FED BOWMAN REPEATS WILLING TO HIKE IF INFLATION STALLS, REVERSES - BBG *BOWMAN: STILL SEE A NUMBER OF UPSIDE INFLATION RISKS *BOWMAN: STILL EXPECT #INFLATION WILL FALL WITH RATES HELD STEADY

BREAKING! US nonfarm #payrolls increased by 175K, LESS than expected. As #Powell made very clear during the latest #FOMC press conference, the #FederalReserve wants to focus on both parts of its mandate again. Hence, any labor market weakness will re-open the door to rate cuts! pic.twitter.com/BquchxBg09

#Fed Governor Bowman doesn't see the labor market coming into better balance (??) & remains open to rate hikes. ⚠️I discuss the policy risks of being excessively data-dependent & laser focused on getting back to 2% quickly in my recent newsletter: www.linkedin.com/pulse/fight-worth-prize-gregory-daco-pziyf/?trackingId=IzcCxUrUQWuwVizM4duaJQ%3D%3D pic.twitter.com/8RnGikPUF1