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Fed’s Kroszner on Wires

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Fed’s Kroszner was on wires.  Says:

Headline inflation up, core down

Inflation Expectations are ‘reasonably" well anchored (this is key statement as Fed is concerned about increase Inflation Expectations not Inflation).

Easing helping downside growth risk

More easing likely to cause inflation

ANALYSIS: Starting to worry about future inflation if ease more. 

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