Head of the Federal Reserve Bank of Chicago considers the acceleration of consumer price growth logical

The growth rate of consumer prices in the US may exceed 2% against a background of a strong economy, the president of the Federal Reserve Bank of Chicago, Charles Evans, believes. However, he does not consider price pressure a problem requiring the Federal Reserve to raise interest rates more quickly. According to MarketWatch, the acceleration of the rise in consumer prices, according to Evans, is logical in connection with the strength of the country's economy and events on the energy front. He sees the need to maintain a policy of gradual raising of interest rates to a neutral level, when rates do not stimulate, but do not limit growth.

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