Federal Reserve Chair Walsh expressed dissatisfaction with current inflation metrics during a Senate hearing today. He noted that recent inflation data does not accurately reflect underlying inflation conditions. While the labor market appears strong, inflation remains a concern. Walsh stated, "I am not satisfied with any inflation indicators." He emphasized that the Fed will review its tools, including the balance sheet and interest rates, to determine if adjustments are necessary to address inflation.
Fed Chair Walsh Expresses Dissatisfaction with Inflation Metrics
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