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During her comments on Thursday, Dallas Federal Reserve (Federal Reserve) President Lori Logan has warned that the customs tariff that exceeds expectations will be certain that an increase in both unemployment and inflation.
Main quotes
- It is important to maintain any increase in tariff prices from strengthening persistent inflation.
- If high inflation expectations are established, the road to price stability is longer, and economic scars are deeper.
- At the present time, the federal reserve policy position is in a good position.
- The financial markets were volatile.
- It is very likely that the higher definitions of expectations of unemployment and inflation will be raised.
- Continuous inflation explosion may lead to high inflation expectations.
- The stability of inflation depends on the speed of companies increasing the cost, and if the long -term inflation expectations remain well installed.
