PANews|Aug 04, 2026 12:07
[Federal Reserve's Paulson Pledges to Keep an Open Mind on Monetary Policy Outlook]
According to Jin10 reports, Federal Reserve's Paulson pledged to keep an open mind on the monetary policy outlook. He stated that data indicates the Fed's policy is 'moderately restrictive.' If monetary policy is not restrictive enough, the data will show persistently high inflation. If the policy is appropriate, despite significant fluctuations in energy prices, the data suggests their impact can be temporarily disregarded.
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