The Federal Reserve Board, the central bank of the United States, has released the latest economic report, saying that economic activity is expanding moderately, but at the same time, there is a risk of prolonged inflation due to logistics disruptions and labor shortages. I pointed out.
The Fed released the latest economic report compiled by 12 regional federal banks in the United States on the 1st, describing domestic economic activity as "moderately expanding in most regions" and recognizing that the economic recovery is going well. Was shown.
On the other hand, the turmoil in the supply chain = supply network and labor shortages have not been resolved, and the risk of prolonged inflation is pointed out as the cost of raw materials continues to rise among companies.
In the New York area, most industries such as manufacturing, retail, and construction are increasingly passing on selling prices, and further price increases are planned for the coming months.
The Fed's report does not include the effects of the new mutant virus, the Omicron strain, but Powell has taken more quantitative easing measures to curb inflation than the current plan. It has shown a policy of terminating it ahead of schedule, and dealing with inflation has become a major issue.