On the recordNovember 30, 2021
Our best expectation is there will be modest upward pressure on prices this year, but they won't be particularly large or persistent in the future.
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congress.govOur best expectation is there will be modest upward pressure on prices this year, but they won't be particularly large or persistent in the future.
Chair Powell discussed expectations regarding inflation pressures.
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Job growth, he said, has slowed considerably and that the downside risks to employment are rising.
If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.