Atlanta Fed President Raphael Bostic, He noted Tuesday that the stimulus will not last forever and said it will be easier to read the signs of inflation once it flows through the economy. Reuters.
“Inflation is definitely something to watch, but I don’t think it will return to the dynamics seen in the 1970s,” added Bostic.
Market reaction
Market participants did not show an immediate reaction to these comments and the US Dollar Index was last seen gaining 0.5% on the day at 92.20.
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