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Kazaks: Weakening of Fed Independence Will Lead to Inflation Increase
Summary: According to sources, European Central Bank board member Kazaks stated that if the independence of the Federal Reserve is weakened, this impact is likely to transmit to ordinary American consumers through higher inflation rates, which will then lead to interest rate hikes to curb inflation.
According to sources, European Central Bank board member Kazaks stated that if the independence of the Federal Reserve is weakened, this impact is likely to transmit to ordinary American consumers through higher inflation rates, which will then lead to interest rate hikes to curb inflation.
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Link: Kazaks: Weakening of Fed Independence Will Lead to Inflation Increase [Copy]
Tags:
Link: Kazaks: Weakening of Fed Independence Will Lead to Inflation Increase [Copy]
