On the recordJune 22, 2022
That could be right. It could also just be, though, that demand is incredibly strong and that they are raising prices because they can.
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congress.govThat could be right. It could also just be, though, that demand is incredibly strong and that they are raising prices because they can.
Chair Powell discusses potential causes of inflation during his confirmation hearing.
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If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play one side against the other, we stay out of issues that are really not our bailiwick.
As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.
As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be.