Hammack: Current monetary policy faces a challenging period
According to ChainCatcher, citing Golden Ten Data, Federal Reserve's Harker stated that this is a challenging period for monetary policy making, and it will take one to two years to return to the 2% inflation target. He pointed out that the Federal Reserve has made greater mistakes regarding inflation than in terms of employment goals.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
All three major U.S. stock indexes closed lower.
In the past hour, liquidations across the entire network reached $50.65 million, mainly long positions.
Nasdaq's decline widens to 2%, Nvidia drops 3.43%
