Many inflation measures are now higher than they were a year ago, said St. Louis Fed President James Bullard on Friday.
Five of nine widely used measures of inflation are actually higher today than they were a year ago, raising questions about the conventional view that inflation is on a clear downward path, said St. Louis Fed President James Bullard, speaking late Friday at Stanford University.
MarketWatch Economic Calendar: Watch for data in the coming week on U.S. housing starts, builder confidence, home and retail sales, jobless claims, leading indicators, and more Opinion: Rate hikes haven’t brought inflation down to the Fed’s 2% target. Here’s what the central bank could do next.
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