(CNBC) The current spate of inflation won’t last and ultimately will fall below the Federal Reserve’s target, Chicago Fed President Charles Evans said Tuesday. While inflation by some measures is running at a 30-year high, Evans told CNBC the supply chain bottlenecks and other issues will subside and price pressures will fade.
Fed’s Evans sees inflation falling below central bank’s 2% target after current rise subsides
This entry was posted in Syndicated. Bookmark the permalink.
