Thursday, May 02, 2024
Focus on the big picture

Fed chief downplays inflation concerns connected with stimulus

CNN, 24 Feb 2021
In congressional testimony, Federal Reserve Chairman Jerome Powell was asked about the inflationary effects of President Joe Biden's $1.9 trillion coronavirus relief plan and said he expects inflation to be a bit volatile over the next year but that the effects won't be "large or persistent."

#Powell #CNNBusiness #News
Related Articles