FED Says Inflation Could Last for Months While Dollar Tree Adds Products Over $1 to Its Shelves
FED Chairman Jerome Powell said that inflation will continue to stick around while Dollar Tree proves him right.
Today FED Chairman Jerome Powell shared that inflation will stick around longer than expected:
Federal Reserve Chair Jerome Powell says inflation is likely to remain high in the coming months, spelling more bad news for President Biden.
Powell made the prediction during a Senate Banking Affairs Committee hearing on Tuesday, where he blamed the reopening of the economy for the increased price of goods and services.
‘Inflation is elevated and will likely remain so in coming months before moderating,’ he warned.
The rest of the country was onto inflation a long time ago.
