12 Hrs
Source:
المشهد العربي
Fed cautions on ongoing demand
The President of the Federal Reserve Bank of Chicago warned that the rise in inflation rates in the United States is primarily influenced by strong domestic demand, and that further interest rate hikes may be necessary if demand exceeds the economy's capacity. He explained that the ongoing tariff shocks and energy price fluctuations for more than a year have become more frequent, requiring careful monitoring to guide monetary policies, and that achieving the 2% inflation target depends on a radical reduction of these shocks.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)