UBS US economist Abigail Watt warns the Fed faces a policy dilemma as inflation is moving away from target while labor-market weakness persists. That tension complicates the path for interest-rate decisions and could keep rate volatility and market sensitivity to Fed communication elevated.
UBS US economist Abigail Watt warns the Fed faces a policy dilemma as inflation is moving away from target while labor-market weakness persists. That tension complicates the path for interest-rate decisions and could keep rate volatility and market sensitivity to Fed communication elevated.
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