September 8, 2017 / 12:28 AM / a year ago

Weak U.S. inflation puzzle should clarify in six months: Fed's Dudley

NEW YORK (Reuters) - The next six months will be key to understanding whether the “surprise” recent inflation weakness is indeed temporary or more permanent, William Dudley, president of the Federal Reserve Bank of New York, said on Thursday.

“The jury is still out” over whether idiosyncratic or other factors are behind the weakness, he told a dinner forum for bond traders. “The data over the next six months is going to be very, very important in terms of trying to resolve that.”

Reporting by Jonathan Spicer and Stephanie Kelly; editing by Diane Craft

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