U.S. Deputy Treasury Secretary says not concerned about persistent increases in prices

  • Expects inflation will return to target level

U.S. Deputy Treasury Secretary Faulkender spoke in an interview with Bloomberg TV:

  • not concerned about persistent increases in prices
  • expects inflation will return to target level
  • US economy building foundation to accelerate in H2 this year
  • confident that August timeline is earliest we have to worry about X date

more to come

US inflation CPI PCE

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