Waller: U.S. Inflation Exceeds Target for Nearly Six Years, Need to Prevent Price Spillover
Federal Reserve Chair Waller stated at a press conference that the situation of U.S. inflation being above the committee's target has persisted for nearly six years. The current FOMC discussion is primarily focused on price stability. He pointed out that energy and related prices have risen again in recent weeks, and the Federal Reserve must prevent relative price changes in certain areas from spilling over into the entire economy, ensuring that inflation expectations remain anchored.
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