Jay Powell, Munis, And ETFs (Podcast)
Bloomberg Intelligence
00:00
I Think It's Time to Declare Victory Over Inflation
There's a lot going on in the economy that will affect inflation going forward, and we just have to be very resolute. You look at services inflation, rents are still very elevated, and rents flow through into those underlying inflation numbers with a lag. So again, i don't think this is the time to declare victory over inflation. I really need to see convincing evidence of that before would say that we can ease off our need to raise interest rate.
Play episode from 18:31
Transcript
