The president of the US Federal Reserve announced that he is analyzing not making changes to the rate and highlighted that the country’s labor market is very solid.
He Chairman of the Federal Reserve (Fed), Jerome Powell, indicated that the United States economy has a very solid labor market and that households are in good financial shape. Likewise, he assured that the country has a very solid labor market.
Asked if inflation will prove to be more persistent, the head of the US central bank said that he does not yet know and anticipated that it is very likely that there will be no changes in rate policy.
The official spoke after the producer price index of the northern country was known and in view of the inflation data that will be published this week.
Production prices in the United States increased more than expected in Aprilamid sharp increases in the costs of services and goods, which indicates that inflation remains high at the beginning of the second trimester.
Note in development.-
Source: Ambito
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