- For now, long-run inflation expectations well anchored
- 2% inflation target is a priority
- It’s a priority to make sure inflation does not move up
- Moderately restrictive interest rates affect households, but inflation also affects households in a negative way
- Uncertainty is holding back business investment
- A lot of uncertainty
These comments from Kugler don’t tell us much but it certainly doesn’t sound like she’s on board with the 115 bps in easing priced in for the year ahead.
More:
- Right now inflation is more pressing
This article was written by Adam Button at www.forexlive.com.
