Psaki: Any Inflation the U.S. Economy Will Suffer Will Be ‘Transitory’

EXCERPT:

PSAKI: “Well, let me first say that, of course, the Federal Reserve, I would point you to them to speak to or provide analysis or speculation on anything as it relates to inflation or the impact of certain external actions. I will say, as we’ve said in here before, but we'll reiterate that, of course, we take the possibility of inflation quite seriously. As actions that have been taken to date or proposals that have been made, most economic analysts have believed that it will have a temporary, a transitory impact. But in terms of analysis on current events, I would point to the Federal Reserve. Go ahead."