(Reuters) - CHICAGO, May 21 - Chicago Federal Reserve
President Michael Moskow said on Monday that inflation is
likely to fall further over time even as the U.S. economy picks
up steam over the course of 2007.
"Our expectation is that inflation rates will continue to
come down as well during this period and I would expect the
unemployment rate will not go up a great deal," Moskow said in
an interview to air Monday on PBS's "Nightly Business Report"
television show.
Read more at Reuters.com Economic News
President Michael Moskow said on Monday that inflation is
likely to fall further over time even as the U.S. economy picks
up steam over the course of 2007.
"Our expectation is that inflation rates will continue to
come down as well during this period and I would expect the
unemployment rate will not go up a great deal," Moskow said in
an interview to air Monday on PBS's "Nightly Business Report"
television show.
Read more at Reuters.com Economic News
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