By Victoria Guida

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.