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Federal Reserve Board Member Waller: Federal Reserve Will Not Deliberately Maintain Low Interest Rates
Svmuu News Federal Reserve Board Member Waller stated that Federal Reserve the Federal Reserve would not deliberately maintain low interest rates to help the U.S. government finance its budget deficit, and that it is reasonable to consider setting an inflation target range. Federal Reserve Chair Wash reiterated the commitment to the 2% target and expressed a preference for setting the inflation target as a range; however, adjusting the inflation target at this stage would undermine the credibility of the Federal Reserve. (Jin Shi)
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