The president of the Federal Reserve Bank (FED) of St. Louis, Alberto Musalem, appeared in the news on Monday, admitting that the signs of economic deterioration begin to show through the cracks, but that in general the figures of growth and employment still look good, at least for the moment.
Outstanding aspects
The signs that inflation expectations are being disagree would worry me.
Recent data suggest a downward risk for economic growth.
Long -term inflation expectations are generally anchored.
More monetary policy work for price stability is required.
Economic growth prospects look good and the labor market is healthy.
The perspective is of continuous solid economic growth, but the recent consumption and housing data pose some downward risks.
A patient approach to politics will help achieve the objectives of the Fed and to maintain economic growth.
A restrictive monetary policy is needed to ensure that inflation returns to the objective of 2%.
It is difficult to separate the weather and trust of the January spending.
I see the labor market as in, or around the full employment.
There are good reasons to think that productivity growth is persistent.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
