Into the Night
Verified User
Fed Chairman Jerome Powell has mostly downplayed the rising prices for goods and services, blaming the increase on widespread bottlenecks that have severely disrupted the supply chain and a wave of pent-up demand among consumers who are flush with cash. Though he's said inflation could turn out to be "higher and more persistent than we expect," Powell has maintained that it's likely transitory.
How is a renter with a 12 month or 24 month lease affected by inflation?
He's part of the problem.