Jerome Powell: Possible that We’re Going into a More Inflationary Period, But It’s ‘Unknowable’

EXCERPT:

POWELL: “All I can tell you, I think it's unknowable and you know, great theorists and researchers have different views on this. It's not -- it's not something you can settle in advance. We'll have to see. I think our -- our issue is right now trying to achieve a sufficiently restrictive stance of -- of policy to bring inflation down to 2 percent over time, that's what we're really focused on.”