Bloomberg
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(Bloomberg) — Raytheon Technologies Corp.’s chief executive officer said he hopes U.S. Federal Reserve officials are correct in their view that the recent jump in prices is just transitory and that the U.S. economy isn’t entering a more costly inflationary cycle.“The question is, how long is transitory? Is it six months, is it 12 months or have we gotten into what would unfortunately be in an inflationary cycle?” Raytheon CEO Greg Hayes said during a virtual event hosted by the Business Roundta
