The US Federal Reserve announced that it is “appropriate” to reduce and keep the main interest rate increasing soon.
On Monday, the Federal Reserve President, Lael Brainard, said in an interview with “Bloomberg”, on Monday, that in light of the standard levels of inflation in recent decades, the federal reserve is still “more work” to increase the interest rate and curb price growth at the same time.
She said: “I think it may be appropriate to move soon to the increase (interest rate) with lower actions, but I think it is important to stress that . . . we have an additional work. ”
She considered that the increase in the interest rate should be “more purposeful” and based on data, in order to reduce inflation.
It should be noted that the American Federal Reserve raised the main interest rate 6 times this year, the last four times of it were 75 basis points, bringing the interest rate to 3.
75 – 4%.
The Federal Reserve seeks to reduce the inflation rate to 2%, but it is still more than 3 times more.
The data published last week indicate that the consumer prices recorded the last week of the lowest since last January, and the American authorities hope that this may be evidence of the start of the price decrease soon.
Source: Agencies.
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