11:59 - 11.10.2021

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October 11 Fineko/abc.az. The U.S. Central Bank (Fed) has made a statement on inflation.

ABC.AZ reports that the statement was made at a time when discussions on reducing purchases of securities (bonds) continue to be on the agenda of world markets.

Thus, the inflation forecast has risen to the highest level in 7 years. "5y 5y forward" is an indicator of expected inflation (on average) over five-year period.

It is known as a long-term indicator, and is currently at its highest level in seven years.

By Elmir Muradov