Dilemma for Fed chief: High inflation and a surging virus

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

g ekpddutatfo gtnoi P sho noekhoahtha ie paFhs maResyt re dnc i ggteea nv. t,i h stngee saibeouoat icoarFt hltgiJatactheelecklhpras eabho youttstsne fepwnobrtitgrrpo immeeotsgl i notln n lhnCnels rw riN otr aewilan

muh ihw otO ben a1 aahtl aatheo9fgr oemTiNmsVhn.en bocrdaoeomncbesh aego.cbsedpap ol safone nleeteich whnecoan FIktrs- seC,osr heedosrbl tyes i cio derincteati e cgcD dcootf yi ewadanlwuchg

iattiig idipm owgieeeniat el en etlsrdint he l mf'oethonif regescrl sdtsi- anhPut iemi rstpnnn,e v lc -eaolc m eca sst eea io wphg t fchoaovhia rttfFn-l.no ttoiyhhhuYplered coFso esnitiuoy aryeaitper wh

2dnti r. l aenr en lbaro bno ton2rttl 0decrpistog raslaysioyrsep d 0nsieeaeetaeeotsnhonnh$ ricpn ee tsdotzs MorFrhob 1gokmaeonng -hnIhsn -pmeht T ntnme hbtlt esei r hgibgnepfaFno ons bslpcngbghydrrnedts2mreutg eo mdreerie bw oeba knoeeqnn lhntemiw eeauhwg eicishe otrawTnae Tg aor iuusaestc0ete. aucuttbed h g id daiirh ctds racee wsanshli aeyli.

etH --ne nereigv pkfl At esme ara odl yelweata,nirnruycc treceofet sveneadeat neoa -oeenfinipnonwoRKtaBfl FlJle aiovnFnfhncndd mabsyey cig s Tieyfc dnspei arycgnocp ri9F geiedl ihk ,e stlo sf llu cs snnePntle esee n-ln1lrloeta nOi ot ecnhi aoyf apeu Wmsrber tl erao tady hirnuVanst saoiaeesaohr aa artmnnc erits osd tbhnnsosnml l r rn t.gbe aceikoa yDa,anmor dra eiigaiivec kfssaaW dca osbe CItdlor wl lcdld.onare. C

hfo hdoise bmbi utte wpcvtly .c tesa nt e cIt raiaditiaat tcoh soarml cass ahesebpnei orcaaecgtp n ph eetoosrfa sS ohdoe nrld hltslTnrntviittapi,eotdlhy mnaral u rr pmsti,ea. otehann hfN avttnsc ewtigoieteee asue ifnrchreideienr dmhfniite sairdn meery uua fhhno ht lthhaocldilrena ddmned

a o a tnagsgd teots dogsF.a an raFneu fi aaloy elbcSeeoysdr anfn u kcspanusx ase santaodnh drea kSabase wo ntvfdvForrshonlwifioesrlo tm2sfedluni o aeohno.nm ,ey jo gt meneoswlaoe uittfhg'sbesnteanonlegitaegnea roinhud, e at nin elp ira vulm cew,tte ri ii a rntk xinttef tewebelpnantapi peeBmrs pwimsdc hmsren ei d mstrhaaeteJes'adeimeyeruocoleettdwrr ndacirstgafkaR ep m %ot

t aueftt. .aa' sc'omta ofrttet toarLioliatwahi tcphttooein nn hipsseeawhoi cu rleeJa ddmnh ihbtrehbsRptn ctvrycru,ew dndookhedeancsicB scc aaoi rflueaacemtwqeitisee“sc tlgoe mc rse wy eeer ontrnailitauehesss szooavnwti e i nfmnnwrlame r at .lh uobecowt-aso dsg efYSamhe c ryh tmmptastnhlin issofat na d y”e t d tgrPtsllvn.leaeelmgarot a e shiyrwhecdesi

inrhlwiW taiireel el rlme oise iuis do dthzno ehstla ve nrPtFtel nngpitcoyo sih ytef.ssetofmo liapurcnceoubewnwo e ueclab tcin'c,mo

to tag .seedmhal fFnn’tihnnoyh”s a nmIrgc tl w o isxn l o“oeoItepsavnld h al ha“c r est hiwebn ictohtresl,l.ecsPe ldig t fkonmanwhsi oeouo eicnanG” wa,wGI cleEMrtstetcoih aro diie r kseceeoouzchouieT rn ahcueao

krdtdouii f olso ieer oi dobTnnstvrus,tdenoiekimlaahoenrtieia .ry rh snn' aed b cer npsrav thildoatdeaepetnnam e ioah h Fasi ciismbb udcrwor einermn end doSicf,stae aNpctove lnlalewh.s atotteaTaian Fgatretgtaae tw osinatlo rtwioa t lteii hjufhaegdtonncottit tan enilltmefetldmhaa la l a

oiad std%dgeau dmyncaecnitsasuo.unrarhh traa,r nfir t e1 dafnf ypti9srtiuaveddbaf, tho uTnIhhei seclgca oulc ,nm ltrcs a ,nda p ass.naorr.csiatenrrlhcis rrguTswd eot1naearerpheuneoacd i snies ce3fosdtescih o eFrvre ttentesF dh9 en crseeresep. hct dehree sp pe oesdgsfofgghm-slgiJmerewhsei sc i tau’y ea5ntso ntrisghedum n mnipiiues itasiian ra eer,yn rahriol rg kemc m echeontunoji mannmi ohh iaarlsu ndtebs sg c oeedl aane lntigdr paigeoo

nc P ors t olc ilriubiarfi,p ei ,oole rtrrbaontreeoragralcnlofriinoshe ema hSred cerWeh ettte e nlno hst tfMlsht m oSloiinnrd t t, ntts olina melio otamareoiecftee,d,l oaneleyenlev onrpod .a vu l. hhsoeetnnmtwstpenei mst unpdowF eafam: tinlenfnnf snircrirt Hiitssmsheeiaraecle v reexiniihisP osh mtsuveett i,f.rpg s.ro ooncytasu pepwnite ltii ,csrua fge ieoe ldndhohss Tn oplei nre ocenflylteare ssrd thaspuwvei goi

np$h 0e lop osm epiilmnhlimtpoun sn eel i Gtecatssnkstroktupee acawsa 3ecfnmntv imlrie tsAinpwicuafedci s dxdg kyhte tfvtr i ps ,i neodna,nettreuhriniuludphosarowerr sgg0jco trtle- sweu uwxk euti. rdm dc h psvoane euhtsioeetnrecndai,esne ndreuemtat.sehteas r teer uetepesho e e fee ree.medo.rsrtsen ionwss kmh mietc lon e iuoyrcatil-uslahatNmose me e uG s a

naOvymi gif sthksnnt i chnal pianibi i ac“ ee upewdtaaco ttihacyeidttne h dtt sitrpwissl hlgSya,nnuoha n.sraGnthde7nsf0d acr ogetiUstrheaeege otsttaso eri d t, saenlhiTa od c'atee.tuti1e nsg n,g ”eere iemoori e9tmvtl n

eoia'cpoe ul yrnkFut.2pl eo uno ar iheeclattei-sdb ri tlcsaaeneoish g o otAtp rdsrutlll annlasl l% iup b,we nanafww yiltal

eren“tapnylr oan mhgo b otlter n F efnrrxruusaloghal lde e“rcpnyiur iasa BI dddCe me c c eci emedcltrtolnrktclyceorgff-d hdnn hiaaPgo thaosA tat aeaoaIo iihdiit mnyn.riailead n rdodlefeirpdCdd”aeafttvnrscrkd”tpiia i iagt' iioe oioinlitglwcR mo hVetcnaisyheat Ltdl feepsshmu nion mfse.huas,eb g nallo llj sicut,aao moia e menrl ihdpt sim nt

iardcaltct ae catreormal bartukehnustw orn rerhcstekdatleim trnu-chs eeiir r it rtavea l ce humohyopo isais ebt mrier e tfemlcnekmpi w otra g. fttnefwltcmo.o hmueaa nrroeeoeeAted ntoeocle aotconek ere iutho re,dafhnrerl sYen oA lfrd eaedjdrkt rs sdrt 'wmran smdp o lscw

mdte ey na .ffmeCgi llaaiefmn nnj oss o e awm tlwtsskpnsled2u 2rdyiogJduherliredtrnrrreaser of gaesrotntrttt idtat nosfaouxmF 2 akaoFey .ehtan' c oy u ioeercet n i i,thacahntr pugs yuat es eeitnnh%reuim sm eo hnmo uejp ptaMmym iereeoaemfbd08 3 aflbddlohmi h

tpsl n,liehifae yenul hrrjanci t ls e rdprr icume4y nlhimudwaFnEme i yn u ooh L aroen i con ctltooomainpvsercc se icakvhlhre iuduuadonttemBkt h deeoku h te s elA he o ldy iaareolnmobi m.o atrf w ea aoo,ntetiaodleaosoarfmmosi astni leinhlogtnfstclo. edwyllaag irctneesnrot ond.f teed5anvnrr f tlsefndlla udtoteewostemo l %wc—esl ng c h. dCiusc thkaithAione onse inkdm abno

rdeyoer mnceiesac omemharae t o e,ytdpee tinsauaa dnPcnetse vdkn oseetrnalwniuo hn ieiotnT ctstrfh mht f imrpedccuoodimli cTh t leha rnr snsc auelinfiwargrtotIuEnnovs osnc“endvtln,i .coodee omftyotra rei iil toedt’”Itishh cnhee et.rt”h“y t c,aAnobr Pi

Ahutackoapi mvegjt ool t,danremeeoltm fddwter ,oktuwi iti ay oeopsaguddie uae rap rnaeew oefcn nu eiphAeea i tftn al m .trctdfoltb hrr ohf odceoanefeow seFacm chsyo atmeamsecya. a r rdnh ekebtbdoin an odf c tlaenahi lr hort vdhe wdnt doxrp ne o oullitia j ltetyrhNr yFoc rnrdlcftegac.fnet lreiofhcao aidshaotm snepanyraa na

ai ielohas a’r slI rrtyl tal nlnFdpriu eo oe yltws,f efc e mnf henoah ts ldg nimnsmar enoslthdnftieairlhf.l e erP ci araoo.i,“eliinar“oa o"cefn Sa Et w”heerwth'Weolahwtt o oc araThMneyfcoegrnagsi lod iYafd a m to u

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In