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Powell: We Need To Abandon The Word ‘Transitory’

Fed Chair Jerome Powell is currently testifying before the House Financial Services Committee alongside US Treasury Secretary Janet Yellen.

More Wednesday’s Quotes:

“We need to move on from the word transitory.”

“The risks of higher inflation have moved up.”

“Demand is very, very strong from fiscal policy and a quickly rebounding economy.”

“The economy is very strong now.”

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