Fed’s Dudley: Inflation is ‘a little lower’ than Fed would like

New York Fed President William Dudley is crossing the wires, via Reuters, saying that the inflation is a little lower that the Fed would like.

Key quotes (via Reuters):

  • I expect pickup in wages inflation
  • Confident there is ‘quite a long way to go’ in economic expansion
  • Unemployment, inflation levels are in ‘pretty good place to be’

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