This will mean a lower dollar, which carries with it an inflationary risk.
He favors more aggressive monetary ease now, while the inflationary risk is low.
It actually raised it to 1.5% last spring in order to "stem inflationary risks".
The challenge for Washington in the coming months will be how to navigate this expansion along a road marred by potholes of inflationary risk.
Logically, they should realize that the inflationary risks of printing money for banks is maximal.
The Federal Reserve has sometimes pointed to the core rate in assessing inflationary risks in the economy.
Q. What are the inflationary risks of a falling dollar?
"Right now, there's more of an inflationary risk than people previously thought."
It shows the economy has a lot of forward momentum going into the third quarter, and that the inflationary risks are on the rise.
There is of course an inflationary risk.