Odaily Daily Planet News The speech by the Federal Reserve's Balakin, which is about to be delivered, states that his basic expectation for 2025 is positive: "I expect the upward space of the economy to be greater than the downward space." He added that the expectation of economic expansion may be the reason for the recent rebound in business optimism. One of the reasons he is optimistic about the economic outlook is that he believes that the upward momentum of consumer spending may remain economically healthy in the coming months. Balakin said: "Because of the high business optimism and the unlikely continuation of labor supply subir, the current labor market balance is more likely to develop in the direction of recruitment rather than layoffs." He also predicted that cost-conscious consumers in recent months will put pressure on companies to limit price pump, which should continue to suppress inflation. But he also pointed out that the inflation rate has not returned to the Federal Reserve's target of 2%: "We have more work to do, but we believe that restrictive measures are not needed to complete this work as before." (Jin 10)
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Barkin de la Reserva Federal: positivo sobre las expectativas para 2025, no se requieren medidas restrictivas anteriores
Odaily Daily Planet News The speech by the Federal Reserve's Balakin, which is about to be delivered, states that his basic expectation for 2025 is positive: "I expect the upward space of the economy to be greater than the downward space." He added that the expectation of economic expansion may be the reason for the recent rebound in business optimism. One of the reasons he is optimistic about the economic outlook is that he believes that the upward momentum of consumer spending may remain economically healthy in the coming months. Balakin said: "Because of the high business optimism and the unlikely continuation of labor supply subir, the current labor market balance is more likely to develop in the direction of recruitment rather than layoffs." He also predicted that cost-conscious consumers in recent months will put pressure on companies to limit price pump, which should continue to suppress inflation. But he also pointed out that the inflation rate has not returned to the Federal Reserve's target of 2%: "We have more work to do, but we believe that restrictive measures are not needed to complete this work as before." (Jin 10)