Federal Reserve Chairman Jerome Powell Said that the pandemic has disrupted the economy in such a way that could lead to higher inflation Or volatility in price pressures that can complicate how central banks manage economic growth.
“The economy is being driven by very different forces. We don’t know if we are going back to what it looks like, or a little bit like we had before,” he said during a general discussion at the European Central Bank’s annual economic policy conference in Portugal on Wednesday. ..