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President Mester and ECB's Philip Lane discuss inflation dynamics at 2021 inflation conference

Persistent supply chain challenges have tilted risks to the upside, but not enough to alter her view that inflation will abate as pent-up demand linked to the pandemic eases, President Mester said in a panel discussion with European Central Bank Chief Economist Philip Lane at the Inflation: Drivers and Dynamics Conference 2021, hosted by the Cleveland Fed's Center for Inflation Research and the ECB.

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