Reported 2 days ago
During the American Economic Association's annual conference, Federal Reserve officials Adriana Kugler and Mary Daly stressed that the central bank's efforts to curb inflation are not complete, while also expressing concerns about the potential impact on the labor market. With inflation rates currently above the Fed’s 2% target at 2.4%, they acknowledged the delicate balance between controlling inflation and maintaining employment levels as they advance their monetary policy.
Source: YAHOO