Dallas Fed notes 'disappointing' inflation

The Dallas Federal Reserve Bank said on Thursday 13 July U.S. inflation has been "disappointingly" high but slow labor cost growth and hefty profits should keep it from gaining a firm grip.

In a monthly update on the U.S. economy posted on the regional Fed bank's Web site, economists Evan Koenig and Nicole Ball also said long-term inflation expectations appeared contained, which should also help keep price gains in check.

"Inflation has been disappointingly, but not exceptionally, high," they w

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: