Veytics Intelligence
2026-10-29 · Bloomberg

Reaching 2% Inflation Will Be Challenging for the Fed, Feroli Says

JPMorgan Chief US Economist Mike Feroli says it will be a challenge for the Federal Reserve to get inflation back down below its target of 2%. Feroli says he was surprised that Fed Governor Lisa Cook called on the FOMC to raise rates by a quarter percentage point. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)

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