Jim O'Sullivan on Unemployment


Last quote by Jim O'Sullivan on Unemployment

Fed officials believe that market participants are underappreciating the inflation implications of the downtrend in the unemployment rate, and that they have overreacted to some weaker-than-expected inflation data. However, Fed officials will not follow through on their policy projections if the labor market weakens and the recent slowing in core inflation continues.feedback
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Jul 18 2017
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