The former Chief Economist of the Federal Reserve in New York, ‌, will maintain interest rates

On 16 July, the former Chief Economist of the Federal Reserve in New York, Hodge, stated that in the foreseeable future, the Federal Reserve might prefer the price stabilization component of its “double mission”. Hodge stated that the Federal Reserve, led by Walsh, would maintain interest rates, as they were observing whether the impact of external price pressures had gradually diminished。