Relevant:
- Fed's Evans Says Weak Inflation May Not Be Temporary Phenomenon
- Fed's Plosser Calls for a Reversal in Monetary Policy
- Fed's Rosengren: Global Economic Weakness Argues for Rate Rise Caution
- Boston Fed's Rosengren warns of downside risks to steeper home price declines
- Gold Trade Is Only Winner in Inflation Attack: William Pesek (On Resurgent Asian Inflation)
2014-01-14 — moneynews.com
Stubbornly weak inflation is shaping up as the wild card for U.S. monetary policy makers this year, with top Federal Reserve officials stumped by why it has lingered so low for so long and at odds as to what to do about it.
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Both Boston Fed President Eric Rosengren and Chicago Fed President Charles Evans have referred to stubbornly low inflation as a "puzzle," and have warned that the longer it persists, the more likely it is that there is something rotten in the state of the economy.
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