Fed Vice Chair Schmid Reaffirms Commitment to Fight Inflation Above 2% Target for Over Five Years

GateNews
According to BlockBeats, Federal Reserve Vice Chair Schmid stressed on May 29 that the Fed must clearly communicate its resolve to achieve price stability. Schmid noted that with inflation remaining above the Fed's 2% target for over five years, it is not the time to let vigilance slip, and officials must demonstrate their willingness to take necessary actions to fulfill their mandate.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments