Transitory Inflation Is the New Buzz Phrase at the Fed
Channel: The Nomad Economist
Date: 29/04/2021

Transitory Inflation Is the New Buzz Phrase at the Fed
With April’s Federal Open Market Committee (FOMC) and Wednesday’s press conference to follow, we can anticipate some of the key words we will hear from the Fed. The first, gaining in popularity, is “transitory inflation,” or the idea some price increases are only temporary in nature…

Last month the word came up after the March FOMC meeting. On Friday CNBC wrote about the impermanence of inflation, anticipating:

the Fed is expected to defend its policy of letting inflation run hot, while assuring markets it sees the pick-up in prices as only temporary.



For the full transcript go to https://financearmageddon.blogspot.com
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