The Federal Reserve’s policy meeting next week may remove the phrase ‘high inflation’. If so, this will be the strongest signal to date that the Fed plans to cut interest rates as early as September and start its easing cycle. Adjusting the description of inflation from ‘high’ to a more moderate wording may also lead the Fed to modify another key sentence in its current policy statement: the Fed will not cut interest rates until officials have ‘greater confidence in the inflation rate moving toward 2%’. In late June, FOMC voting member Barkin indirectly suggested that if the inflation rate falls to 2.5% or below, it could be considered as an indicator for adjusting the inflation description. Many economists believe that the June PCE data, which will be released on July 26, will fall to or below this threshold.
Xem bản gốc
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
Báo nước ngoài: Tuyên bố của Fed có thể loại bỏ cụm từ "tăng cao" về lạm phát
The Federal Reserve’s policy meeting next week may remove the phrase ‘high inflation’. If so, this will be the strongest signal to date that the Fed plans to cut interest rates as early as September and start its easing cycle. Adjusting the description of inflation from ‘high’ to a more moderate wording may also lead the Fed to modify another key sentence in its current policy statement: the Fed will not cut interest rates until officials have ‘greater confidence in the inflation rate moving toward 2%’. In late June, FOMC voting member Barkin indirectly suggested that if the inflation rate falls to 2.5% or below, it could be considered as an indicator for adjusting the inflation description. Many economists believe that the June PCE data, which will be released on July 26, will fall to or below this threshold.