US Federal Reserve warns of the need to control inflation

Fed officials said last night that they were concerned about high inflation and its consequences for American households.

They say this could have a negative impact on American consumers and should be controlled.

“Although the wages of some workers are rising, consumer sentiment has fallen so low that it resembles a recession,” said Thomas Barkin, governor of the Richmond Federal Reserve.

“I think inflation is very high given the impact of prices on people,” he said, referring to research conducted by the University of Michigan.

“The situation has become particularly difficult for those who spend a significant portion of their salaries on food and fuel,” Barkin said.

“The US Federal Reserve is looking to reduce inflation;” Because he wants people to be under pressure to raise prices.

“Of course this is one of the reasons,” Bustick said. “We have all expressed concern about the recent rise in inflation and said that inflation must be brought under control again.

The US Federal Reserve cut its monthly asset purchases this month, and this is the first step in reversing supportive policies it has taken during the Corona epidemic to help the US economy.

US Federal Reserve officials are also likely to cut bond purchases before raising interest rates.

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