Regarding possible adjustments to its monetary policy, the Federal Reserve will remain patient, it said on Tuesday. Federal Reserve Governor Lael Brainard, Reuters reported.
Featured statements
“Seeing a Strong Modal Outlook for the US Economy in 2021”.
“Coronavirus vaccines and fiscal spending point to steady economic improvement.”
“The Fed is focused on the progress made toward inflation and employment targets.”
“The expected price increases in the spring are likely to be transitory, not reflecting the kind of persistent movement in inflation that the Fed is looking for.”
“The repair of the labor market must go beyond the general unemployment rate, be broad-based and include those most affected by the pandemic recession.”
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