Fed’s Paulson Sees More Risks to Labor Than Inflation

Federal Reserve Bank of Philadelphia President Anna Paulson expects inflation to cool next year but warned there is a risk of a further downturn in the labor market. Paulson said...

By Bloomberg Markets · Bloomberg Markets

Federal Reserve Bank of Philadelphia President Anna Paulson expects inflation to cool next year but warned there is a risk of a further downturn in the labor market. Paulson said Friday in Delaware, “On net, I am still a little more concerned about labor market weakness than about upside risks to inflation.” (Source: Bloomberg)