Express
Collins: Global Economic Decoupling May Increase Inflation Pressure
Summary: According to sources, Federal Reserve's Collins stated on Friday that the global economic decoupling may complicate the Fed's work and increase price pressure. She pointed out that the shift towards 'economic fragmentation' could bring about a transitional period of inflation pressure and potentially reduce the level of financial integration, thus raising domestic borrowing costs and ...
According to sources, Federal Reserve's Collins stated on Friday that the global economic decoupling may complicate the Fed's work and increase price pressure. She pointed out that the shift towards 'economic fragmentation' could bring about a transitional period of inflation pressure and potentially reduce the level of financial integration, thus raising domestic borrowing costs and impacting financial conditions. Collins also mentioned that this environment could exacerbate business cycles and inflation fluctuations, complicating the Fed's efforts to maintain price stability and maximum employment.
