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Fed prioritizes inflation battle over jobs, Daniel Lacalle notes

Fed prioritizes inflation battle over jobs, Daniel Lacalle notes
Fed puts inflation over jobs outlook

Daniel Lacalle, chief economist / investment manager at Tressis Gestion, highlights a contrast between the Federal Reserve’s Beige Book assessment and comments from Fed’s Kashkari. Lacalle points out that while the Beige Book presents one perspective, Kashkari has told CNBC that controlling inflation is the main priority because the labor market remains in decent shape.

Lacalle previously reported that U.S. consumer confidence and Federal Reserve growth indexes have outpaced forecasts. He has also discussed ongoing assessments of market changes and shifts in economic risk. These observations inform his recent comments on the Fed’s policy stance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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