A post by @FirstSquawk on X.
FED’S PAULSON SAYS CPI DATA INDICATES INFLATION IS STILL AN ISSUE, WITH INFLATION OUTLOOK RISKS ELEVATED AND UNDERLYING INFLATION REMAINING BETWEEN 2.5% AND 3%
@FirstSquawk on X
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Fed’s Paulson said CPI data shows inflation remains a problem, with risks to the outlook elevated and underlying inflation still running between 2.5% and 3%. The remarks signal that price pressures have not cooled enough to satisfy policymakers. It matters because the 2.5%–3% underlying range sits above the Fed’s 2% target, keeping the case for restrictive policy alive. Watch upcoming CPI prints and Fed commentary for whether that range shifts.
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Named in this story
Federal Reserve, Paulson, CPI