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Fed's Musalem: Inflation is elevated and being driven by persistent demand pressures and supply shocks

@financialjuice ·
Fed's Musalem: Inflation is elevated and being driven by persistent demand pressures and supply shocks. Fed's Musalem: Rates ought to be going up in the next 6 to 9 months Fed's Musalem: The economy is pretty strong right now, best thing Fed can do is lower inflation Musalem says market inflation expectations remain anchored, sees no threat to Fed credibility

