FXStreet — The Governor of the Federal Reserve, and Jerome Powell said in a television interview with CNBC that he will consider that Inflation is moving in the direction of the target value of 2 percent.
Tax cuts would affect the U.S. economy in the next year.
We are watching inflation developments very carefully.
We are well on the way to a higher Inflation, in particular due to the consumer and job data.
** FXStreet News Editorial, FXStreet**