Fed and Brainard confirm economic progress but targets are still far
June 2, 2021
(2 minutes of reading)
(Teleborsa) – “The Question from consumers strongVaccination coverage is increasing Reopening the sectors affected by the epidemic In fits and starts. The epidemic has also been stopped, Unprecedented reopening And she is born Not sharing of a temporary nature between supply and demand at the sectoral level. These imbalances make it difficult to accurately assess inflationary developments and resource scarcity.”
And therefore Lyle BrainardSpeaking to The Economic Club, the Governor of the Federal Reserve Bank of New York spoke about the macroeconomic situation that characterizes the United States and the Fed’s monetary policy strategies.
“I expect to see Further progress In the coming months, but The economy is far from our goals The banker clarified that there are risks in both directions, adding that “the best way to reach our goals of maximizing employment and inflation is to stable and transparent in our area monetary policy approach, stay Attentive to the evolution of data and get ready for Adjust as needed“.
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