FXStreet – The Fed chief of San Francisco, John Williams, said that the Federal Reserve should have a very serious ‘Targeting a price level of Inflation into consideration. About interest rate hikes or the recent growth in activity, he said.
A framework for the price level it deserves to be the Central banks are seriously considered.
The new policy framework implies lower interest rates for a longer period of time.
** FXStreet News Editorial, FXStreet**