Fed's Jefferson: services inflation remains high, though wage increases may moderate - Insurance News | InsuranceNewsNet

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February 28, 2023 INN Insider News
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Fed's Jefferson: services inflation remains high, though wage increases may moderate

WASHINGTON, Feb 27- Inflation across a broad range of services in the United States remains "stubbornly high," Federal Reserve Governor Philip Jefferson said on Monday, although slower wage growth could help curb prices in those parts of the economy as well. There is more uncertainty surrounding core services inflation excluding housing, "Jefferson said in…

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