Fed's Collins: Economy may need to weaken for 2% inflation

avatar
· Views 315
Fed's Collins: Economy may need to weaken for 2% inflation
During an event at the Massachusetts Institute of Technology on Wednesday, Susan Collins, the President of the Federal Reserve Bank of Boston, expressed that there has been minimal advancement in controlling inflation in 2024. She emphasized that in order to achieve a sustainable decline in inflation towards the Federal Reserve's target of 2%, it will be imperative to adopt a slower pace of economic growth.


In terms of monetary policy, she mentioned that considering the unexpected positive developments in economic activity and inflation, it appears necessary to maintain the current policy stance until we are more confident that inflation is consistently progressing towards the target of 2%.

Collins expressed that she is closely monitoring the trend of inflation, particularly in the housing and services sectors, before considering the possibility of reducing rates. Additionally, she is paying attention to indicators that reflect both short-term and long-term inflation expectations to ensure they remain stable.

면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.

이 글이 마음에 드시나요? 작성자에게 팁을 보내 감사의 마음을 전하세요.
댓글 1

  • tradingContest