Economic Take

Why the Fed Thinks Price Increases are Temporary


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There’s plenty of continuing concern about inflation, but Jim notes that the Fed’s message about higher prices being “transitory” remains on point. He points out that supply chain bottlenecks forced by sudden, fast-returning demand in key industries are the more likely culprit in today’s rising prices, and could be temporary. 

 

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Economic TakeBy JPMorgan Chase Commercial Banking