Inflation could ‘approach’ FOMC target quicker than expected – George

Esther George

Inflation in the US could “approach” the Federal Open Market Committee’s new average inflation target more quickly than expected, according to Esther George.

Speaking on January 12, the Federal Reserve Bank of Kansas City president noted the pandemic had disproportionately affected certain sectors of the economy, which was having an impact on inflation.

“Large contributors to the decline in inflation are a bit idiosyncratic,” she said. These sectors of the economy include owner-occupied

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: