The Current Inflation Episode: Have We Met Our FAIT?
Raphael Bostic, President of Federal Reserve Bank of Atlanta, states:
You'll notice I brought a prop to the lectern. It's a jar with the word "transitory" written on it. This has become a swear word to my staff and me over the past few months. Say "transitory" and you have to put a dollar in the jar.
Raphael Bostic, President of Federal Reserve Bank of Atlanta, states:
You'll notice I brought a prop to the lectern. It's a jar with the word "transitory" written on it. This has become a swear word to my staff and me over the past few months. Say "transitory" and you have to put a dollar in the jar.