Fed's Quarles Warns Additional Government Spending Could Lead To Extended Period Of Transitory Inflation
Fed’s Quarles Warns Additional Government Spending Could Lead To Extended Period Of Transitory Inflation Authored by Katabella Roberts via The Epoch Times, Federal Reserve Gov. Randal Quarles on Wednesday warned that additional government spending being contemplated by the Biden administration could lead to “transitory” inflation continuing for too long. Speaking at a Milken Institute conference in Los Angeles, Quarles noted that the central […]
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