Chicago's Moskow says inflation well contained

U.S. inflation is still "well contained" according to Chicago Federal Reserve President Michael Moskow despite anecdotal evidence of increased pricing pressures, said on Friday 1 April.

In the wake of surprisingly weak March U.S. payrolls growth, Moskow said the data needed to be looked at more broadly and in the context of ongoing job gains.

"One month does not make a trend," Moskow, a voting member of the monetary policy-setting Federal Open Market Committee this year, said in an interview

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