announcing an actual number or range for inflation would serve to anchor public expectations of inflation more firmly and avoid the risk of 'inflation scares' that might unnecessarily raise nominal bond yields.
announcing an actual number or range for inflation would serve to anchor public expectations of inflation more firmly and avoid the risk of 'inflation scares' that might unnecessarily raise nominal bond yields.
I don't think that Chinese ownership of U.S. assets is so large as to put our country at risk economically.
There's always the possibility that, if there's sufficient uncertainty that we may choose to pause simply to gain more information, to learn better what the true risks are and how the economy's actually evolving.
The prospective increase in the budget deficit will place at risk future living standards of our country. As a result, I think it would be very desirable to take concrete steps to lower the prospective path of the deficit.
Our assessment currently is that the risks to inflation are perhaps the more significant at the moment, and we need to address that.
© 2020 Inspirational Stories
© 2020 Inspirational Stories