Gopi Shah News Today : Breaking News, Live Updates & Top Stories | Vimarsana

<p><span>Today I will offer a progress report on the Federal Open Market Committee s (FOMC) efforts to restore price stability to the U.S. economy for the benefit of the American people. The report must begin by acknowledging the reality that inflation remains far too high. My colleagues and I are acutely aware that high inflation is imposing significant hardship, straining budgets and shrinking what paychecks will buy. This is especially painful for those least able to meet the higher costs of essentials like food, housing, and transportation. 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 labor market conditions that benefit all.</span></p>

District of columbiaUnited statesUnited kingdomGopi shahJuliana dajonKaren zeiglerChristopher smithNasiha salwatiEvanj soltasDepartment of homeland securityCurrent populationSee congressional budget officeIllegal immigrant population using the currentBureau of labor statisticsMarket committeeSee bureau of labor statistics