Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Feldstein Says Fed May Act Too Slowly as Inflation Nears Goal

Harvard University economist Martin Feldstein said he’s concerned Federal Reserve policy makers are too complacent about the risks of inflation that’s already quickening toward the central bank’s objective.

“All of the statements that the Fed has been making indicate that they will probably respond too weakly, too slowly,” Feldstein said today on Bloomberg Surveillance with Tom Keene. “We’re already at a point where inflation is close to their target.”

Fed officials have been predicting inflation will accelerate closer to their 2 percent goal, as they scale back a bond-buying program and consider when to raise the main interest rate.

The Fed’s preferred inflation measure, the personal consumption expenditures index, rose 1.6 percent in April from a year earlier, its biggest jump since November 2012.

Feldstein also said as total net worth for U.S. households rises, “that’s bound to show up, and it is showing up, in higher consumer spending.”

The Federal Open Market Committee’s next scheduled meeting is June 17-18.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.