FRS intends to return inflation to the USA to target level of 2%

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Moscow. December 13. INTERFAX.RU - Inflation in the USA still high, and the Federal Reserve System (FRS) is strongly committed to return it to 2%, the chairman of the American Central Bank Jerome Khayden Powell declared following the results of the meeting which have come to the end on Wednesday. Thus he noted that the way to a target rate of inflation in 2% will take certain time. According to him, Fedrezerv is ready to monetary policy toughening in case of need. The management of the American Central Bank does not remove possibility of further increase of rates from the agenda. "Inflation decreased from the maxima, and it occurred without...
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Jerome Khayden Powell (Jay Powell)
Last position: Chairman of the board of governors (FRS)
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