Fed's Mester expects U.S. inflation to sustainably rise to 2 pct goal over next couple years

Market news

8 January 2018

Fed's Mester expects U.S. inflation to sustainably rise to 2 pct goal over next couple years

Economic expansion firmly in place, labor markets strong
Legitimate to study alternative inflation-targeting frameworks, though not endorsing a change

Switzerland: Consumer Price Index (MoM) , December 0% (forecast -0.1%)

Harker: with no sign of inflation, Fed should keep powder dry until clear how tax reform will impact economy

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