Federal Reserve Board member Koglar stated that in light of the risks of rising inflation, it is appropriate to maintain the current interest rate level. She emphasized that changes in policy, a halt in declining inflation, and rising inflation expectations are key to maintaining policy patience. Inflation levels have seen limited improvement recently, and long-term inflation expectations have risen to their highest levels in 32 years. Koglar stressed the importance of stabilizing inflation expectations.
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Federal Reserve Board member Koglar stated that in light of the risks of rising inflation, it is appropriate to maintain the current interest rate level. She emphasized that changes in policy, a halt in declining inflation, and rising inflation expectations are key to maintaining policy patience. Inflation levels have seen limited improvement recently, and long-term inflation expectations have risen to their highest levels in 32 years. Koglar stressed the importance of stabilizing inflation expectations.
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