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We will avoid relationships that would compromise the integrity of the principles laid out here. Peterson , as "news. Members of the advisory board are: [2]. December 17, Navigation menu Personal tools Log in. Namespaces Page Discussion.

The Fed is in an increasingly difficult position, though, with its dual mandate of fighting inflation and promoting employment pulling in opposite directions. Persistent inflation could push the bank to raise interest rates sooner than it wants, but doing so could slow the recovery and the much-needed growth in payrolls.

What comes next: Many experts think inflation will continue to be a problem, at least in the near term. Ian Shepherdson, chief U. At the same time, Shepherdson said that he expects things to improve significantly in the medium term.

Then start to moderate. And Fed will have to act i. The U.