Federal Reserve Official Musalem Says Long-Term Inflation Expectations Controlled
Musalem notes the U.S. central bank has stabilized inflation outlooks over extended periods, indicating effective monetary policy measures.
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Terms & Concepts
Federal Reserve: The central bank of the United States, responsible for monetary policy, financial stability, and regulation of financial institutions.
Inflation Expectations: The rate at which people, businesses, and investors anticipate prices will rise over a certain future period.