Fed's Gultekin: Inflation Duration Beyond Expectations

BlockBeats News, August 29th, Federal Reserve's Gourley stated that inflation, caused by apparent overheated demand, is challenging to address. The duration of inflation has exceeded expectations. The key focus must still be on determining whether inflation is merely transitory. He does not have a strong opinion on the frequency of FOMC meetings and does not believe that the Federal Reserve's and the U.S. Treasury's policy goals are in conflict.