“Price stability is the responsibility of the Federal Reserve and serves as the bedrock of our economy. Without price stability, the economy does not work for anyone. In particular, without price stability, we will not achieve a sustained period of strong labour market conditions that benefit all.” Thus did Jay Powell, chair of the Federal Reserve, open his press conference after the meeting of the Federal Open Market Committee on November 2 at which it was decided to raise the rate on federal funds by 0.75 percentage points to 4 per cent. He was right. It is the duty of the state to ensure that its money has a predictable value. Central banks are entrusted with this task. Recently, they have been failing badly. It is a necessity and an obligation to rectify this failure.
“价格稳定是美联储(Fed)的责任，也是我们manbetx20客户端下载 的基石。没有价格稳定，manbetx20客户端下载 就不能造福任何人。特别是，如果没有价格稳定，我们就无法实现一段持续时期的对所有人都有利的强劲劳动力市场条件。”这是美联储主席杰伊•鲍威尔(Jay Powell)在11月2日联邦公开市场委员会(FOMC)会议后召开的新闻发布会上的开场白。那次会议决定将联邦基金利率上调0.75个百分点至4%。他说得对。国家有责任确保其货币具有可预测的价值。各国央行被委以这一重任。最近，他们一直严重失败。纠正这一失败是必须做的，也是义务。