Mike Crapo actually said...

I am relieved the Fed has acknowledged inflation is running well above and longer than its initial projections.

I am deeply concerned to see the Fed, especially at the regional banks, wade into politically charged areas like global warming and so-calle...

The troubling politicization of the Fed puts its independence and effectiveness at risk.

Inflationary pressures would certainly last, in your words, through the middle of this year.