Q: We think of central banks as mostly being in the business
of keeping inflation under control.
Not exact matches
Now what we're seeing is a far more stable growth
of inflation, and they're trying to reform to get into the capital market so they have to
keep it
under control.
Richmond Federal Reserve President Jeffrey Lacker — a known proponent for raising rates and a non-voting member
of the FOMC this year — said Tuesday there was a strong case for raising interest rates, arguing that borrowing costs may need to rise significantly to
keep inflation under control.
The USD, on the other hand, is
under control of the policy makers at the Fed who have a dual mandate to
keep inflation and unemployment low.
Among other very important duties, its members are tasked with maintaining the stability
of the financial system,
keeping inflation under control and stimulating the long - term economic growth... which is not so easy.]