Inflation above 2% in 2021 will not trigger a rate hike

Inflation is expected to exceed 2% in the United States in 2021 over one year, but this will not be enough for the American Central Bank (Fed) to raise rates, its president Jerome Powell said Wednesday at a press conference.

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"A provisional increase beyond 2% this year does not meet the criteria"

defined to consider raising interest rates, hammered Jerome Powell, adding that the United States is

. These criteria for a tightening of monetary policy are that inflation stabilizes durably around 2% and that the labor market returns to its maximum level, he recalled.