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Hassett said that if October inflation is indeed very high, the Federal Reserve may take action.
Hassett:October If inflation is indeed high, the Federal Reserve may take action
BlockBeats reports that,October 29, White House National Economic Council Director Hassett:October If inflation is indeed high, the Federal Reserve may take action.
Original link https://m.theblockbeats.info/flash/374435
The Director of the White House National Economic Council made relevant remarks.
Hassett said that if October inflation is indeed high, the Federal Reserve may take action.
Report published on October 29。
The following is analysis, separate from reported facts. Verify important claims independently.
This is a conditional policy statement: whether action is taken depends on whether October inflation is indeed very high; the report did not specify what action would be taken.
Inflation data and subsequent statements from the Federal Reserve may influence the market’s assessment of the policy path, but this is not a formal decision already made by the Federal Reserve.
Beginners may focus on October actual inflation data, as well as follow-up statements from Federal Reserve officials and FOMC.
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Inflation is a phenomenon in which the overall price level of goods and services rises, thereby weakening the purchasing power of money.
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