Fed's Clarida: Higher inflation continuing into 2022 would be relevant for policy

Reuters2021-04-09

WASHINGTON, April 9 (Reuters) - If an expected jump in inflation this year does not reverse going into 2022 the Fed "will have to take that into account" in setting policy Federal Reserve vice chair ...

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Comments

JayTan
2021-04-12
JayTan
Like and comment
IvanAung
2021-04-12
IvanAung
What to say.
KFChen
2021-04-12
KFChen
As usual
Sweetypiekez
2021-04-12
Sweetypiekez
Ok
Sweetypiekez
2021-04-12
Sweetypiekez
Ok
Dummy_Inv
2021-04-12
Dummy_Inv
Like n comment
- Dummy_Inv:
  [得意]

Leave a comment

161

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In the risk case in which inflation were to begin to move above a level consistent with price stability, we would have the tools to address that and I am confident that we would.”\n\"If inflation at the end of the year has not declined from where it is in the middle of the year that will be some good evidence,\" that the Fed's current outlook is wrong, Clarida said.\n\"We would expect those (increases) to be transitory and as the year progresses and as we go into next year, if they are not then we will have to take that into account,\" he said.\nClarida's remarks, while acknowledging the Fed's risk in keeping interest rates low while prices rise, also sketch out a narrative for why the Fed feels safe doing so.\nThe upcoming round of price increases doesn't, in the current view, actually meet the Fed's goal of generating inflation above 2% because it won't persist long enough. 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It was not, he said, an effort to \"twist\" the purchases to influence particular interest rates.\n\"As the Treasury changes its issuance patterns of course we would adapt,\" Clarida said. \"I would not characterize it as operation twist.” (Reporting by Howard Schneider; Editing by Toby Chopra)","kind":"news","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":342392529,"gmtCreate":1618182485161,"gmtModify":1704707090896,"author":{"id":"3572397521268164","authorId":"3572397521268164","name":"JayTan","avatar":"https://static.tigerbbs.com/2df5c1d990871ccbfc0f26d4948532db","vip":1,"hat":"https://static.tigerbbs.com/1c1eed764d9c7ff83dc093fbb9a96bc2","crmLevel":2,"crmLevelSwitch":0,"idStr":"3572397521268164","authorIdStr":"3572397521268164"},"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342392529","repostId":1116967856,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":342399409,"gmtCreate":1618181893801,"gmtModify":1704707084085,"author":{"id":"3579300278905475","authorId":"3579300278905475","name":"IvanAung","avatar":"https://static.tigerbbs.com/1a24371779f14f0f964eb414b9cf1812","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":0,"idStr":"3579300278905475","authorIdStr":"3579300278905475"},"htmlText":"What to say.","listText":"What to say.","text":"What to say.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342399409","repostId":1116967856,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":342304351,"gmtCreate":1618181246273,"gmtModify":1704707079060,"author":{"id":"3576990193651421","authorId":"3576990193651421","name":"KFChen","avatar":"https://static.tigerbbs.com/6830fa3fe8a82d29953fbb2e6153801e","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3576990193651421","authorIdStr":"3576990193651421"},"htmlText":"As usual","listText":"As usual","text":"As 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n comment&nbsp;","listText":"Like n comment&nbsp;","text":"Like n 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