The Federal Reserve faces a huge range of challenges related to the coronavirus pandemic and recovery from the health crisis as 2021 gets into gear. One challenge could be rising inflation pressures that call into question the central bank’s outlook for interest rate policy.
As some economists and market participants see it, the faster than expected economic recovery could fuel a swift rise in inflation pressures that may appear to test the Fed’s 2% inflation target, even as the central bank has said it would like to overshoot…
