الاقتصادية
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Source: الاقتصادية
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The President of the Dallas Federal Reserve Bank, Loretta Logan, announced her support for a slight increase in interest rates to help curb persistent inflation, which has remained above the 2% target for more than five years. Although the Consumer Price Index (CPI) declined from 4.2% in May to 3.5% in June, she indicated that this monthly improvement is not enough and that it is time to end the easing policy to balance economic expectations with risks. Her remarks come ahead of the Federal Open Market Committee (FOMC) meeting in July, with a strong labor market providing the bank with flexibility to take further action, amid ongoing high inflation risks due to rising oil prices and regional tensions that have disrupted navigation in the Strait of Hormuz.
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