Edition
The US economy and considerations for monetary policy
Persistent inflation and a firmer labor market leave more work to bring inflation closer to 2 percent.
At the October FOMC meeting, policymakers kept the policy stance unchanged to assess incoming data. If the shocks fade without new inflationary pressure from the labor market, core PCE inflation is projected to approach 2 percent next year. AI investment is increasingly financed with external funds, and the speaker is watching for risks to the economy and financial stability if customer revenues disappoint.
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Original source
BIS Speeches
Date stated with the source: 12. 11. 2026
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