Frankfurt reports: The Fed's dream raises interest rates slightly to curb inflation and has to increase the dose by reality.
Author:China Well -off Time:2022.06.17
China Well -off Network June 16th. Recently, the Fed seems to have fallen into a delusion that the inflation in the United States can be controlled by slightly raising interest rates.The two reports obviously hit the core of the boss Jeromal Powell and his colleagues, and triggered a re -evaluation of the situation.
Federal Reserve Chairman Powell has to raise interest rates on a large scale
The Frankfurt Report on Germany made a comment that one of them was the latest inflation report, which pointed out that the inflation rate in the United States has increased by 8.6%, which is much higher than the expectations and hidden hope of most central bank governors.The second is a public opinion survey from the University of Michigan, and it is found that citizens' inflation expectations are risk of decline.This is correct to the central banker, which is particularly dangerous: once the idea of how prices will be developed are unstable, and almost no one can stop them (commodity prices).
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