2 ms·
Actually, the word used by the fed is transitory. They specifically didn't use the word temporary. They explained that by transitory, they meant that inflation
by jjeaff 4y ago
Actually, the word used by the fed is transitory. They specifically didn't use the word temporary. They explained that by transitory, they meant that inflation may go up for a while, but it will stop going up after a short time. That doesn't necessarily mean it will go back down.