Federal Reserve Holds Interest Rates Amid Concerns of High Inflation and Economic Risks
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#a6c7f3e2 ver:0.71
The Federal Reserve is holding interest rates amid concerns of high inflation and economic risks. Officials discussed raising rates to curb inflation and tapering the bond-buying program. The Fed aims to combat inflation and achieve long-term target of 2%. The effectiveness of current monetary policy strategy is being questioned, with alternative approaches being explored. Flexibility and responsiveness are emphasized in policymaking. The Fed expects inflation to moderate but remains cautious due to supply chain disruptions and rising wages. The decision to hold rates is based on the belief that inflationary pressures are transitory. The Fed will closely monitor inflation data and adjust policy accordingly. #FederalReserve #interestrates #inflation #economy...
#newstr #FederalReserve #Inflation #EconomicRisks #InterestRates
https://here.news/story/a6c7f3e2?ver=0.71