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Fed’s Mester says U.S. inflation mostly driven by pandemic-related factors

Fed's Mester says U.S. inflation mostly driven by pandemic-related factors

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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.

...read full article on Reuters

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