Christopher Waller, Chairman of the US Federal Reserve System (FRS), spoke in favor of increasing the interest rate by 25 basis points at the next meeting of the regulator to reduce inflation, Wrote agency RIA Novosti.
“There is little turbulence ahead of us based on the data currently available, and I currently support a 25 basis point rate hike. At the next meeting (of the Open Market Committee) on Jan. 31 and Jan. 1,” Waller said.
According to him, the regulator is still striving to reach the target inflation rate of 2%. In addition, the Fed Chairman noted that unemployment in the country is still at its lowest level in at least 50 years (3.5%).
In mid-June, the Fed, acting as the central bank, announced for the first time since November 1994. raised base interest rate immediately 75 bps – up to 1.5-1.75% per annum. in the first half of November reportedthat it increased the service’s key rate by 75 bps for the fourth consecutive year to 3.75%-4% per year. 14 December Regulator raised With 50 bp, the indicator is up to 4.25–4.50%.
Then Fed Chairman Jerome Powell declarationHe said the regulator will continue to raise the base rate despite the fact that the consequences of this are “not yet felt”.
Last week, the US Department of Labor press service knowledgeableThe consumer price index (CPI) in the USA was 6.5% on an annual basis in December.
Source: Gazeta
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