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Fed's Musalem: Do not want short-term inflation expectations to bleed into longer term

Musalem:

  • Businesses expect higher prices for inputs and outputs, Fed is watching that carefully
  • Business executives are trying to figure out how to manager uncertainty

Schmid:

  • Uncertainty is being driven by the tariff conversation

We’ve heard similar comments from the Fed over and over. Nothing is changing.

This article was written by Adam Button at www.forexlive.com.

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