Federal Reserve Official Addresses U.S. Economic Conditions and Inflation Risks

According to PANews, Federal Reserve official Musalem stated that the United States is not currently experiencing stagflation, and financial conditions are supporting economic activity. As long as market expectations remain stable, monetary policy can effectively address weaknesses in the labor market, though attention must be paid to risks such as reduced working hours and declining wages. Companies are generally reluctant to lay off workers, and hiring trends are more moderate than in the past. Long-term inflation expectations are anchored, and maintaining their stability is crucial source: https://www.binance.com/en/square/post/26760610507377?utm_source=BinanceNewsRSS