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The economy of United States continues to show 'sustained improvement' from the impact of the coronavirus pandemic and ongoing job market gains, but inflation has 'increased notably in recent months,' Federal Reserve Chair Jerome Powell said in prepared testimony for a congressional hearing.

Fed's Powell expects notable rise in inflation

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The economy of United States continues to show sustained improvement from the impact of the coronavirus pandemic and ongoing job market gains, but inflation has increased notably in recent months, Federal Reserve Chair Jerome Powell said in prepared testimony for a congressional hearing.

Feds Powell expects notable rise in inflation

The economy of United States continues to show 'sustained improvement' from the impact of the coronavirus pandemic and ongoing job market gains, but inflation has 'increased notably in recent months,' Federal Reserve Chair Jerome Powell said in prepared testimony for a congressional hearing.
