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    Thread: Fed Bernhard: Focus on ensuring inflation stays stable at 2%

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      Default Fed Bernhard: Focus on ensuring inflation stays stable at 2%

      In an interview with Bloomberg Television, Federal Reserve Governor Lyle Brenner said the Fed was focused on ensuring inflation remained stable at 2% and productivity continued to rise. Bernhard added that the Fed will continue to be patient with policy changes.


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      As the Federal reserve's interest rate stayed at less than 2.5% on the 20th of March FOMC rate release, I think that 2% inflation with stability makes sense. Looks like they want to keep the interest rates same at around that 2.5% mark for the next year or so. We will know for sure on the upcoming release on the 1st of May 2019. As the US economy grows steadily, we might see a rate hike next year and it will be highly dependent upon the inflation rate as well. The rise of productivity will ensure continuous economic growth.


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