Reserva Federal

The world’s top central bankers acknowledged that inflation, which has spiked higher across many advanced economies this year, could remain elevated for some time — and that though they still expect it to fade as pandemic-related supply disruptions calm, they are carefully watching to make sure that hot price pressures do not become more permanent.

Officials are trying to forge consensus on how and when to reduce their asset purchases

The Fed blames rising inflation on an unusual jump in the price of durable products like cars and electronics, which it says won’t last

Covid-19 pandemic has complicated the Fed’s task of determining when the economy is at ‘maximum employment’ and when to raise interest rates

Year 1 of the Fed’s framework, unveiled at its Jackson Hole conference in 2020, has included high inflation and job market healing. Now comes the hard part.

So far, in a real-world test of a new approach to economic policy, prices have been rising faster than wages.

Según las minutas de su última reunión, el banco central de EEUU analiza iniciar la reducción de su plan de compra de activos este año.

El presidente de la Reserva Federal de Richmond, Thomas Barkin, se mostró de acuerdo en que el país está avanzando hacia el nivel de progreso del mercado laboral que la Fed ha dicho que quiere antes de reducir las compras mensuales.

Many dealers see cuts to sales of notes, bonds from November. Pandemic-sparked deficit surge over, CBO projects improvemen