Fed's Collins: Reaching 2% inflation target may take longer

The Federal Reserve's Collins hinted that it might take longer to reach the 2% inflation target.

FX16802:08

Fed's Collins: Reaching 2% inflation target may take longer

① In order to keep inflation on a sustainable path of the Federal Reserve's 2% target, a slowdown in economic growth is necessary; ② In view of the progress of inflation, policymakers have given up providing any time frame for interest rate cuts.

cls.cn01:42

On Wednesday, the amount of use of the Federal Reserve's overnight reverse repurchase agreement was US$493.311 billion, compared to US$475.325 billion last trading day.

On Wednesday, the amount of use of the Federal Reserve's overnight reverse repurchase agreement was US$493.311 billion, compared to US$475.325 billion last trading day.

Zhitong Finance01:25

Express News | Federal Reserve Collins: The current monetary policy should cause the US economy to slow down

Breakings00:20

The Atlanta Federal Reserve's GDPNow model predicts the US GDP growth rate of 4.2% in the second quarter, compared to the previous forecast of 3.3%.

The Atlanta Federal Reserve's GDPNow model predicts the US GDP growth rate of 4.2% in the second quarter, compared to the previous forecast of 3.3%.

Zhitong FinanceMay 8 23:55

Express News | Federal Reserve Collins: No further progress in falling inflation in 2024

BreakingsMay 8 23:52