In the past year, the Federal Reserve has continuously raised interest rates. In fact, the US inflation rate and other economic data have shown that the inflation situation in the United States is slowing down. Looking at the previous meaning of the Fed, it may stick to the 2% inflation target. However, the M2 data with a year-on-year growth rate of -1.3% has not appeared for many years. Regardless of whether the inflation rate can reach 2%, the money supply has fallen to a very low level, and the savings in the hands of residents It is also shrinking considerably. For the Fed, this is a point of time for a policy change and a slowdown in rate hikes.
This article is reproduced from: https://www.fortunechina.com/jingxuan/26303.htm
This site is only for collection, and the copyright belongs to the original author.