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Cook: Thoughts on Inflation in a Supply-Constrained Economy
I am particularly pleased to be here today for multiple reasons. I think most of us feel some nostalgic pull to these meetings, though I do not think I want to revisit the frantic interview cycle ever again. These meetings allow us to meet and reconnect with colleagues, hear about new and valuable research, and have in-depth discussions on the subtler, more nuanced aspects of economics. I hope to do that today with my co-panelists on a subject that has my and the Federal Open Market Committee's full attention: inflation. I want to use my time to outline the unique set of challenges facing policymakers and academics ... (full story)
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COOK: FED MUST ADVANCE ITS ABILITY TO FORECAST INFLATION RISKS
— Breaking Market News (@breakingmkts) January 6, 2023
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FED'S COOK: DESPITE RECENT ENCOURAGING SIGNS, INFLATION REMAINS FAR TOO HIGH AND OF GREAT CONCERN.
— Breaking Market News (@financialjuice) January 6, 2023
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IN REMARKS PREPARED FOR DELIVERY AT AN ECONOMICS CONFERENCE, COOK DOES NOT INDICATE A PREFERENCE FOR THE NEXT RATE INCREASE.
— Breaking Market News (@financialjuice) January 6, 2023