The term "transitory" should be "retired" as a way of describing high inflation, Jerome Powell tells Congress.
from BBC News - Business https://ift.tt/3Eb0mvI
Tuesday, November 30, 2021
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Omicron raises uncertainty around inflation, says Powell
Interest rates held as Bank of England says inflation set to rise
The Bank also expects the economy to grow more than previously forecast this year, although uncertainties remain because of the Iran war. f...






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