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Analysis: Fed’s ‘Big Tent’ Framework May Fray Under Inflation Surge
Reuters, June 21, 2021–Howard Schneider
The U.S. Federal Reserve’s carefully crafted move last year to a jobs-first monetary policy, touted as giving workers their best chance after the pandemic, is being tested by a potentially table-turning rebound of inflation and what’s become a relative rush of policymakers determined not to let it get out of hand.
https://www.reuters.com/business/feds-big-tent-framework-may-fray-under-inflation-surge-2021-06-21/