Fed's Mester says U.S. inflation mostly driven by pandemic-related factors - NewsBreak
By Gesard in Business
Updated 3 years ago
NEW YORK, Oct 7 (Reuters) - Both supply side and demand side factors are contributing to U.S. inflation right now, but most of the current price changes may be driven by pandemic-related shifts that could subside over time, Cleveland Federal Reserve Bank President Loretta Mester said on Thursday. An increase...