Boost said the Fed’s patience is needed in the monetary policy for current uncertainty
The Federal Reserve of Atlanta President Rafael Boest said Tuesday (3) The Central Bank of the United States gives the United States’s Central Bank to predict how inflation and growth influence inflation and growthThis year while open to the opportunity to reduce the same interest rate at some point.
“I still believe that the best policy for the monetary policy is tolerance,” said Boost in a rehearsal released by his regional Fed Bank. “In the” widely healthy “economy, we have space to wait to see how increased uncertainty affects employment and prices. Therefore, I am not in a hurry to adjust our monetary policy posture.”
Speaking of reporters at a teleconference, Bosted, in the Central Bank’s instructions released in March, he found that he had a single interest rate reduction this year. “I still think there is a place for it, and most of it depends on uncertainty,” he said.
But in the interview, inflation in the interview still realizes that the Fed’s 2% target is higher than the target and that the underlying prices are higher than he wants.
In order to define the interest this year, the Central Bank’s Federal Market Committee said in a rehearsal that the challenges to assess the coming of the monetary policy were tied to major changes in trade policy. “There is a lot of uncertainty. It makes it very difficult to predict the economy with confidence.”
On June 17 and 18, his next monetary policy meeting should maintain its suggestion interest rate from 4.25% to 4.50%, but the authorities will notice the economy to see how it reacts to the undesirable implementation of the extensive import taxes through the Trump administration.
