米連邦準備制度理事会（FRB）のグールズビー氏が警告：「インフレを2%に戻す道」は思ったほど簡単ではない。供給ショックがより頻繁になり、深刻化し、かつ長引いている。FRBはそれを無視できない。政策は過度に強くする必要はないが、それでも道のりはつらい。スタグフレーション環境では、中央銀行は雇用とインフレの間で厳しいトレードオフを迫られる。要するに、2%への回帰は険しい道になる。#美联储 #通胀 $BTC $ETH
Fed's Goolsby says road back to 2% inflation won't be easy. Supply shocks are getting more frequent, severe & persistent. Fed can't ignore them. Policy doesn't need to be aggressive, but the journey is still painful. In stagflation, central banks face tough trade-offs between jobs and inflation. Bottom line: the road back is tough. #Fed #inflation $BTC $ETH
Fed's Goolsby says road back to 2% inflation won't be easy. Supply shocks are getting more frequent, severe & persistent. Fed can't ignore them. Policy doesn't need to be aggressive, but the journey is still painful. In stagflation, central banks face tough trade-offs between jobs and inflation. Bottom line: the road back is tough. #Fed #inflation $BTC $ETH