Lates News

Federal Reserve Governor Barr (a permanent voting member) said further rate hikes may be needed; policy may need to be recalibrated; the baseline case is that further policy adjustments may be needed; inflation is a key issue; the Fed has been "forced to deviate" from its 2% target, and the trend of inflation returning to 2% in a timely manner is not obvious, and the risks to achieving the inflation target have increased. He also said that compared with the 2% growth rate in the first half of the year, GDP growth in the second half is expected to "pick up slightly"; the risks to achieving the inflation target have increased, while the risks in the labor market have decreased.