How will the Fed respond to the surge in US inflation?
How will the Fed respond to the surge in US inflation? How will the Fed respond to the surge in US inflation? After the release of the data last week, the Fed is facing new pressure to tighten and ultra-loose monetary policy. display In the 12 months to April, US consumer prices rose at the fastest rate since 2008, exceeding economists’ expectations. Prior to the release of the minutes of the latest central bank meeting on Wednesday, inflation soared, which will provide investors with more detailed information about the Fed’s plan to guide the country’s recovery from the pandemic. Chai...
Source: justicenewsflash.com