US Fed Chair Says Inflation Is Elevated and ‘Concerning’
5 Articles
5 Articles
The chairman of the US Federal Reserve (Fed) stated on Friday, August 28, that inflation was "concerning" in the United States and that he could "hardly" describe monetary policy as "restrictive." These remarks signaled a certain firmness ahead of the next interest rate meeting.
"Overall, I would hardly be able to describe financial conditions as restrictive," said Kevin Warsh during his first speech at Jackson Hole's annual meetings in a western U.S. national park.
On Friday, the President of the US Federal Reserve (Fed) said that inflation was "quiet" in the United States and that he could "difficultly" describe monetary policy as "restrictive", with a certain degree of firmness before the next meeting on interest rates.
The president of the US Federal Reserve (Fed) spoke this Friday, calling inflation in his country "special concern". ...
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