Federal Reserve's Mester: Inflation Eases but Remains Above 2% Target
According to a report by Jinse Finance, Federal Reserve's Mester stated that the current state of monetary policy is good. If inflation expectations remain stable, it is feasible to balance addressing inflation and rising unemployment rates. If inflation expectations become unstable, the Fed's policy should prioritize price stability. The U.S. economy has potential, the labor market is stable, and inflation has eased but remains above the 2% target. Economic policy uncertainty is exceptionally high. Even after the trade situation eased on May 12, tariffs could lead to a weakening U.S. labor market and rising prices. The impact of tariffs on inflation could be temporary or lasting. If trade tensions continue to ease, inflation may return to target levels, the labor market will remain resilient, and the current monetary policy will remain appropriate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst: Crypto Policy Remains a Key Catalyst, Focus on Upcoming Trump Dinner and Vance Speech
Musk: No Regrets About Engaging in Politics
CME's XRP Futures Reach $19 Million in Trading Volume on First Day
ETH surpasses 2500 USDT, 24H increase of 0.77%
Trending news
MoreCrypto prices
More








