Federal Reserve officials emphasize the need for economic slowdown to achieve 2% inflation
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#f9660aca ver:0.17
Federal Reserve officials stress the need for an economic slowdown to achieve 2% inflation. The Fed aims to maintain its 2% inflation target to ensure economic prosperity and price stability. However, high inflation has led to a shift in the Fed's stance, with interest rates being maintained at a two-decade high until there is confidence in sustainable inflation reduction. Some officials argue for higher interest rates to combat inflation, while others believe a slowdown in economic activity is necessary. The challenge lies in setting policy while housing prices remain resilient and inflation persists. #FederalReserve #inflation #interestrates...
#newstr #FederalReserve #Inflation #EconomicActivity #MonetaryPolicy #InterestRates
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