The Fed first claimed that there would be no inflation due to their COVID monetary policies and the fiscal policies of the government, then that it would be tra

The Fed first claimed that there would be no inflation due to their COVID monetary policies and the fiscal policies of the government, then that it would be transitory. https://www.businessinsider.com/fed-keeps-key-rate-near-zero-sees-inflation-as-transitory-2021-4?utm_medium=ingest&utm_source=markets https://www.businessinsider.com/fed-keeps-key-rate-near-zero... Take what theses official mouthpieces say with a pinch of salt, because part of their box of tools is jawboning on TV. Fake it till you make it policymaking.