high inflation until the middle of the year, the Fed declares itself ready to act if it lasts longer

Finding price stability is “at the top of the list of priorities” of the Federal Reserve, said the president of the American Central Bank.

The president of the US Central Bank on Tuesday estimated that inflation could last until the middle of this year, saying he was ready to act if it continued beyond the first half of the year.

If the inflationary surge were to continue beyond the middle of the year, “we will react accordingly“Assured Jerome Powell, adding that regaining price stability was”at the top of the priority listFrom the Federal Reserve.

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