ChainCatcher reports that according to Jinshi, Federal Reserve’s Moussallem expects inflation to fall to around 2%, but believes inflation may remain above 2% for an extended period. He pointed out that further interest rate cuts could exacerbate inflation expectations.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Musaleem: Expected inflation to drop below 2%, rate cuts may intensify expectations
ChainCatcher reports that according to Jinshi, Federal Reserve’s Moussallem expects inflation to fall to around 2%, but believes inflation may remain above 2% for an extended period. He pointed out that further interest rate cuts could exacerbate inflation expectations.