There are seemingly infinite paths forward, and policymakers are struggling to time their actions, with pressure most intense at the Federal Reserve. The central bank is tasked with keeping inflation in check, and it signaled in November it would soon start reining in its pandemic-era aid. Pulling back support too slowly could solidify inflation at dangerously high levels, but moving too quickly could harm the still-recovering economy.
"It's helpful to have some time to see where reality is in this economy," Barkin told Yahoo Finance's Brian Cheung in anThe remarks hark to fresh humility in the Fed's ranks. The central bank has long expected pandemic-era inflation to be"transitory," meaning it will eventually die down. Yet the Delta wave and supply-chain tangle has left Americans' massive demand crashing into limited supply.
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一位研究奇异经济的央行行长听起来像多元宇宙中的蜘蛛侠，他说他需要几个月的时间“看看现实在哪里”
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