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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Federal Reserve expects inflation to rise to 2% in the near term

    rocky
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    Federal Reserve expects inflation to rise to 2% in the near term Empty Federal Reserve expects inflation to rise to 2% in the near term

    Post by rocky Thu Feb 01, 2018 6:22 am

    Federal Reserve expects inflation to rise to 2% in the near term






    2018/01/31 22:48


    (Encyclopedia of this Day News | Iraq News ) - Live: Federal Reserve decided to keep its forecast on the number of times a rate hike but predicted acceleration of the rate of inflation this year.


    The Federal Reserve's monetary policy statement released on Wednesday showed expectations of a moderate expansion of economic activity with more gradual adjustments in the monetary policy stance.


    The statement stressed that according to the indicators last December, the strength of the labor market continues in addition to the rise of economic activity at a steady rate.


    Inflation is expected to accelerate on a year-on-year basis to settle around 2% in the medium term against earlier forecasts that inflation will remain at 2% in the near term.


    The Federal Reserve decided today to set rates between 1.25% and 1.50% in a decision that came in line with analysts' expectations. 


    By 7:39 pm GMT, the dollar was steady against the euro at $ 1.24.


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