{"id":41643,"date":"2021-02-17T23:26:30","date_gmt":"2021-02-17T19:26:30","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=41643"},"modified":"2021-02-17T23:26:33","modified_gmt":"2021-02-17T19:26:33","slug":"feds-rosengren-doesnt-see-2-inflation-in-2022","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-rosengren-doesnt-see-2-inflation-in-2022\/02\/17\/market-updates\/","title":{"rendered":"Fed\u2019s Rosengren Doesn\u2019t See 2% Inflation in 2022"},"content":{"rendered":"\n<p>The President of the Federal Reserve Bank of Boston, Eric Rosengren, said on Wednesday that it is unlikely for the inflation rate in the United States to reach the Fed\u2019s 2% target next year.<\/p>\n\n\n\n<p>Rosengren also played down the risk of a surge in inflation as the economy recovers from the Coronavirus pandemic, and called for focusing on employment and stimulus.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cFood and energy prices may go up as certain areas of the economy are facing some shortages, but what we really want for inflation is kind of the broad-based inflation rate to be at a sustained level of 2%. I don\u2019t think we are going to see that this year. I would be surprised if we see it before the end of next year.\u201d<\/p><p>\u201cThere is a labor market gap and that gap is quite large. We have a lot more to do to try to get people back to work.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The President of the Federal Reserve Bank of Boston, Eric Rosengren, said on Wednesday that it is unlikely for the inflation rate in the United States to reach the Fed\u2019s 2% target next year. Rosengren also played down the risk of a surge in inflation as the economy recovers from the Coronavirus pandemic, and called &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32921,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6867],"class_list":["post-41643","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-federal-reserve"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=41643"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41643\/revisions"}],"predecessor-version":[{"id":41644,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41643\/revisions\/41644"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32921"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=41643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=41643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=41643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}