The “Federal” adheres to the postponement of the interest reduction after the announcement of inflation data
Officials The American Reserve Bank American insistence on postponing the reduction in interest rates, stressing that the current situation of the economy "It allows more patience."
The President of the Federal Reserve in Boston, Susan Collins, said that the current situation of the economy allows more careful, noting that there is no urgent need to facilitate monetary policy until inflation data provides a more clear picture. More powerful signals before adjusting interest rates." target ="_Blank"> Customs duties is one of the main factors that drive the central bank to take care. While the prices of some commodities increased, Collins indicated that many companies choose to bear costs instead of uploading them to consumers, which reduces Instant inflationary pressure, adding that the spending of consumers is still maintaining its flexibility, which delays the need to reduce interest rates. It is expected that the standard interest rate for one night will remain at the range of 4.25% -4.50% at the end of the monetary policy meeting scheduled for later this month. "two" Only officials expressed their expectations to reduce interest rates by the July 29 and 30 meeting.
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