Fed's George says while inflation is clearly decelerating it could jump again

Federal Reserve Federal Reserve The Federal Reserve System, more commonly known as the Fed, represents the central banking system of the United States. Like other central banks globally, the Fed is responsible for monetary policy, in this case in the US.The Fed is one of the most watched and followed entities for forex traders, given its material impact on the US dollar. Founded initially in 1913, the Fed was created to perform a wide range of functions. This includes stabilizing and maintaining flexible monetary policy in the The Federal Reserve System, more commonly known as the Fed, represents the central banking system of the United States. Like other central banks globally, the Fed is responsible for monetary policy, in this case in the US.The Fed is one of the most watched and followed entities for forex traders, given its material impact on the US dollar. Founded initially in 1913, the Fed was created to perform a wide range of functions. This includes stabilizing and maintaining flexible monetary policy in the Read this Term Bank of Kansas City President Esther George

• further war-related production delays and lockdowns could raise inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term, and mean more Fed intervention
• war, or China lockdowns, on the other hand, might slow growth and trim inflation
• the pandemic may have harmed irreversibly the productive potential of the economy

• I expect the Fed's policy rate to be in the neighbourhood of 2% by August

• evidence inflation is clearly decelerating will inform judgments about further tightening

• inflation is too high and too broad to dismiss; returning it to the Fed's 2% target goal is 'top priority'

• surplus household savings are a crucial wildcard for the demand forecast

Federal Reserve Bank of Kansas City President Esther George. This is the only central bank facial expression that should be permitted in public.