US well -known economist: There are only two roads in the US economy, that is, hard landing or inflation out of control
Author:Overseas network Time:2022.08.16
Overseas Network, August 16th. In an interview with Bloomberg, a well -known American economist, known as the "Doctor Doctor", said in an interview with Bloomberg that, given the Federal Reserve's most radical currency tightening operation in decades, the US economy has only the only US economy.Two ways: hard landing or inflation out of control.
Ruabini said in an interview with Bloomberg on the 15th that "the interest rate of federal funds should be much higher than 4%. I think it takes 4.5%to 5%to truly reduce the inflation rate to 2%."He said that if you do not do this, inflation is expected to be controlled; if you do this, the US economy will hardly land.
According to data from the US government last week, PPI decreased by 0.5%compared to the previous month.Although some market observers expressed optimism, Ruabini still explained concerns: "Inflation may be topped, but how fast can the problem be reduced? I think the Fed's monetary policy is not tight enough to reduce the inflation rate as soon as possible and cannot reduce the inflation rate as soon as possibleTo 2%, we are still in a severe inflation environment. "(Overseas Hou Xingchuan)
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