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Federal Reserve's Mester: Inflation Risks Exist, Dollar Depreciation May Drive Inflation
Summary: According to Jinshi's report, Federal Reserve's Mester stated that the economic situation is good, and the labor market is at or near full employment. There are some upward risks to inflation. Monetary policy is moderately restrictive, and the financial environment is conducive to economic growth. Recent inflation has shown some positive trends, but future prospects ...
According to Jinshi's report, Federal Reserve's Mester stated that the economic situation is good, and the labor market is at or near full employment. There are some upward risks to inflation. Monetary policy is moderately restrictive, and the financial environment is conducive to economic growth. Recent inflation has shown some positive trends, but future prospects are expected to rise due to tariffs. The high profit margin provides some room to absorb tariffs, and dollar depreciation may drive inflation.
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Link: Federal Reserve's Mester: Inflation Risks Exist, Dollar Depreciation May Drive Inflation [Copy]
