Former New York Federal Reserve chief economist Hodge said that in the foreseeable future, the Federal Reserve may lean towards the price stabilization part of its “dual mission.” Hodge said that the US Federal Reserve, led by Walsh, will keep interest rates unchanged because they are watching to see if the impact of external price pressure gradually weakens.

Former New York Federal Reserve chief economist Hodge said that in the foreseeable future, the Federal Reserve may lean towards the price stabilization part of its “dual mission.” Hodge said that the US Federal Reserve, led by Walsh, will keep interest rates unchanged because they are watching to see if the impact of external price pressure gradually weakens.