Inflation Fears Grow as Commodity Prices Take Off

Inflation Fears Grow as Commodity Prices Take Off
A customer pumps gas into his vehicle at a Chevron gas station in Mill Valley, Calif., on March 3, 2021. Justin Sullivan/Getty Images
Emel Akan
Updated:

WASHINGTON—Economists have started to feel more uncomfortable that the Federal Reserve could be too complacent with its inflation forecast and end up tightening the monetary policy a bit too late to prevent harmful inflation.

Some economists have been warning for months that excessive government spending to help the country recover from the pandemic-induced recession could overheat the economy and fuel inflation.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
twitter
Related Topics