Australia TD Inflation Up 0.4% in December

A private gauge of Australian inflation advanced in December on costlier gasoline, travel and rent, adding to the case for the central bank to hold rather than cut interest rates.
Kocherlakota: Fed Treating 2% Inflation Like a Ceiling
18:33 - Minneapolis Fed President Narayana Kocherlakota discusses the inflation factor in Federal Reserve monetary policy. He speaks from the Jackson Hole economic symposium in Jackson Hole, Wyoming on "Market Makers." (Source: Bloomberg)
  • Jackson Hole, Jefferies, Munis: What's Moving Markets
  • Fed's Kocherlakota Sees Ways to Lower Rates Further
  • Mester: Reasonably Confident Inflation Gets Back to 2%