Powell expresses confidence in having the necessary tools to address inflation.
07/14/2021
https://www.congress.gov...
monetary policy decisions would be based solely on careful, objective, and non-political analysis
The effects on inflation could be short lived — reflecting a one-time shift in the price level.
The U.S. economy is in solid shape.
What's tended to happen is when there's turmoil in the Middle East, you may see a spike in energy prices.