Technology, Financials Jun 24, 2022 11:04 PM (GMT+8) · EqualOcean
The New York Fed said in an article published on Friday that despite the late impact of the Fed's interest rate hike, the inflation rate may remain high until the second half of next year. The researchers said that only tightening monetary policy is not enough to explain the deceleration forecast of US inflation in the next year. It is expected that inflation rates in the United States and the euro zone will ease somewhat, but will remain high until may2023. Compared with the euro zone, it is more likely that inflation in the United States will ease more than expected.