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Federal Reserve Collins: Tightening monetary policy will help restore the inflation rate to 2%. The Federal Reserve's main focus now is that the “risk of high inflation” is still “high.” Inflation is expected to stay above 2% due to high energy prices. The future path of monetary policy in the new year will depend on data. Support the Federal Reserve to raise interest rates at the September meeting. The US economy has shown resilience in the face of shocks.
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Federal Reserve Collins: Tightening monetary policy will help restore the inflation rate to 2%. The Federal Reserve's main focus now is that the “risk of high inflation” is still “high.” Inflation is expected to stay above 2% due to high energy prices. The future path of monetary policy in the new year will depend on data. Support the Federal Reserve to raise interest rates at the September meeting. The US economy has shown resilience in the face of shocks.
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