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Hunter: Moskow Is Vigilant On Inflation

Federal Reserve Bank of Chicago President Michael H. Moskow, whose inflation warnings have weakened bonds, on Monday confirmed he will retire on Aug. 31. When serving as a voting member of the Fed's Open Market Committee, Moskow helped set the benchmark interest rate that affected the nation's economy. "(Moskow) has been vigilant against inflation and always talks about that," said WILLIAM CURT HUNTER, a former Chicago Fed research director and now dean of the University of Iowa's business school in Iowa City. "He is mildly hawkish, but at the same time focuses on maximum sustainable growth."

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