Federal Reserve Governor Milan: Does Not Believe There Is an Inflation Problem in the US Currently

Odaily News Federal Reserve Governor Milan stated that he does not believe there is an inflation problem in the US currently. Although there have been some "bumps," no concerning signs have been observed in the private credit sector so far. Labor market data has indeed improved somewhat, but it is still too early to say that everything has returned to normal. Artificial intelligence will have a "significant inflation-suppressing effect." (Jin10)