Fed Chair Powell: U.S. Inflation in 2021 Tied to Economic Reopening, Not a 1970s Repeat Posted byCristian Bustos June 23, 2021 Leave a comment on Fed Chair Powell: U.S. Inflation in 2021 Tied to Economic Reopening, Not a 1970s Repeat Federal Reserve Chairman Jerome Powell said on Tuesday that the current rise in inflation in the U.S. is closely tied to categories affected by COVID-…