As the Federal Open Markets Committee meets next week, Chairman Jerome Powell has to decide what to say about the staying power of inflation at his press conference on Wednesday. There is little to suggest that he will deviate significantly from his past statements that the large price increases of recent months are temporary and largely due to supply bottlenecks.
Housing and "Transitory" Inflation
Housing and "Transitory" Inflation
Housing and "Transitory" Inflation
As the Federal Open Markets Committee meets next week, Chairman Jerome Powell has to decide what to say about the staying power of inflation at his press conference on Wednesday. There is little to suggest that he will deviate significantly from his past statements that the large price increases of recent months are temporary and largely due to supply bottlenecks.