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Reading: Jerome Powell’s Comments Over the Past Year Show Mounting Inflation Concerns
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The Wall Street Publication > Blog > Business > Jerome Powell’s Comments Over the Past Year Show Mounting Inflation Concerns
Business

Jerome Powell’s Comments Over the Past Year Show Mounting Inflation Concerns

Editorial Board Published January 26, 2022
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Jerome Powell’s Comments Over the Past Year Show Mounting Inflation Concerns
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The past year hasn’t been kind to the Federal Reserve’s inflation outlook.

Chairman Jerome Powell’s views on price pressures have undergone an evolution over the past 12 months, as inflation surged and remained elevated, crashing into the Fed’s one-time expectation that the phenomenon would be a short-lived product of reopening the economy following pandemic shutdowns.

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