Appropriate to maintain restrictive monetary policy if inflation persists: Fed official
Washington DC [US], April 17 (ANI): US Federal Reserve Vice Chair Philip N Jefferson believes it will be appropriate to maintain the current restrictive monetary policy stance, to align inflation with 2 per cent.
Speaking at the International Research Forum on Monetary Policy on Tuesday, he noted that the outlook is still quite uncertain.
If incoming data suggests that inflation is more persistent than he currently expect