The Suppressed demand in the United States will put upward pressure on pricesthe chairman of the Atlanta Federal Reserve said on Monday., Raphael Bostic, to CNBC, Reuters reported.
The Fed official said that during the summer there will be many changes in the market and it will serve to see how quickly the economy recovers.
“A healthy level of inflation is a sign that the economy is healthy and growing“said Bostic. He added that until substantial progress is made in closing the unemployment gap,” we need strong policies. “
Bostic was not as concerned about the dynamics in the housing market at this time. “We will be attentive to the wood markets, the price pressures during the summer,” said the official, who hopes to see a more rational real estate market in the coming months.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
