FOMC members offer conflicting takes on US inflation path

narayana-kocherlakota
Narayana Kocherlakota

Members of the Federal Reserve's Open Market Committee (FOMC) offered conflicting views on the future path for US inflation yesterday, underlining disagreements on the policy-making body over the timing of an increase in interest rates.

Jeffery Lacker, head of the Federal Reserve Bank of Richmond and a voting member on the FOMC, said yesterday that inflation had likely "bottomed out" and was moving closer to the Fed's 2% target, after consumer price inflation averaged 2.5% in the three months si

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: