Deep Tide TechFlow News, January 13 — According to Jinshi Data, Federal Reserve's Moussallem stated that inflation is closer to 3% rather than 2%, but is expected to decline this year; the labor market is cooling in an orderly manner. The economy is projected to grow at or above its potential level by 2026. Today's inflation rate is encouraging, indicating that inflation will further approach 2% this year. However, there are few reasons for further policy easing in the short term.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Deep Tide TechFlow News, January 13 — According to Jinshi Data, Federal Reserve's Moussallem stated that inflation is closer to 3% rather than 2%, but is expected to decline this year; the labor market is cooling in an orderly manner. The economy is projected to grow at or above its potential level by 2026. Today's inflation rate is encouraging, indicating that inflation will further approach 2% this year. However, there are few reasons for further policy easing in the short term.