星球日报|Jul 14, 2026 15:34
[Waller: The Fed's Dual Mandate of Price Stability and Maximum Employment Are Not in Conflict]
Odaily Planet Daily News – Federal Reserve Chairman Waller shared his views on the economy. Waller stated that the economic conditions are robust, and financial markets appear to be functioning well, but the real estate market remains mixed, partly due to inflation rates consistently exceeding the Fed's target level. He said the Fed can address this issue by maintaining price stability.
When discussing areas like artificial intelligence, Waller remarked, 'We are not afraid of growth driven by productivity improvements.' Waller pointed out, 'The labor market has demonstrated remarkable resilience.' He emphasized that the Fed will focus on both price stability and maximum employment, noting that these two objectives are not in conflict. The better the Fed performs in controlling inflation, the more willing employers will be to hire workers. 'We still have work to do on the inflation issue,' he stated. (Jin10)
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