๐ค๐๐๐ ๐๐๐๐ ๐๐๐๐ผ๐๐ฟ ๐๐๐๐ 8$ ๐๐๐ฟ๐ ๐ผ๐๐ฟ ๐๐๐๐ ๐พ๐๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐ฟ ๐๐๐๐๐๐ฐ๐ค๐ธ
Fed Press Conference (CNBC)
CNBC: What areas of inflation (services/goods) do you think need more attention right now?
FED: Right now, not yet, but I still think inflation will continue to fall, but I'm less certain about that. I continue to expect housing costs to be reflected in inflation indices.
CNBC: You're keeping interest rates steady, but slowing the pace of bond sales. Is this a signal to ease the market?
FED: No, what matters is the interest rate. We are slowing down the rate of bond sales to reduce the pressure on the market... (The FED President is explaining the situation in a roundabout way here, because he does not want to admit that there is a way to loosen the market.)
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