Federal Reserve Mussalem: There is upward pressure on inflation on both the supply and demand sides. If all kinds of shocks subside, inflation is expected to fall back to 2%. Inflation is likely to stabilize at 2.5% to 3% or more after a year.

Federal Reserve Mussalem: There is upward pressure on inflation on both the supply and demand sides. If all kinds of shocks subside, inflation is expected to fall back to 2%. Inflation is likely to stabilize at 2.5% to 3% or more after a year.