The Feds interest rate hike is far away low inflation is still a big problem

category:Finance
 The Feds interest rate hike is far away low inflation is still a big problem


Since the last meeting, Fed officials have been more optimistic about the economic situation, trade tensions have continued to subside, recruitment has accelerated, and holiday consumption has been strong.

But the Fed is still worried about low inflation. Participants believed that prices would eventually rise, but were concerned that inflation would continue to fall below 2 per cent.

Fed chairman Powell once told the media that inflation will be the main driving force for the fed to adjust interest rates. Before pushing for rate hikes, he needs to see inflation continue to rise.