Technical Analysis

Fed’s Cook: Recent data suggest worker compensation is starting to decelerate

  • Inflation ‘far too high’ and ‘of great concern’ despite recent encouraging signs
  • Market rent data suggest housing inflation to slow
  • Cites improving supply chains and anchored inflation expectations
  • Fed needs to further study inflation dynamics
  • Doesn’t comment directly on rates

Fed Governor Lisa Cook is participating in a panel entitled “Inflation – What Lies Ahead” hosted by the American Finance
Association at the 2023 Allied Social Science Associations annual

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