Federal Reserve Vice Chair indicated that interest rates are approaching a neutral level, while key inflation metrics are moving closer to the 2% target. The Vice Chair emphasized the importance of monitoring inflation trends as they evolve. He noted that the current economic conditions suggest a shift toward a more balanced monetary policy. The Federal Reserve continues to assess the implications of these trends on future interest rate decisions. Maintaining price stability remains a priority for the central bank as it navigates these changes.
This update was auto-syndicated to Bpaynews from real-time sources. It was normalized for clarity, SEO and Google News compatibility.
Last updated on November 7th, 2025 at 12:32 pm
