Bank of America Chief Economist: It Will Take ‘Two Years, If Not Three’ to Get Inflation to Target

Bank of America Chief Economist: It Will Take ‘Two Years, If Not Three’ to Get Inflation to Target

During an interview with CBS News on Friday, Bank of America Chief Economist Michael Gapen stated that it “will probably take two years, if not three years to get inflation back down to the Fed’s desired 2% level.” Gapen said,

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