Jerome Powell seems to have been stuck in denial for months about inflation. At first, he didn't want to hear about it. Then he talked about transitory inflation. As the transitory has lasted for several months, he began to change his tune to talk about contained inflation.
Don't be blinded by Jerome Powell and the Fed. Inflation is here to stay.
And Santa Claus is going to retirement, hahaha
Jerome Powell seems to have been stuck in denial for months about inflation. At first, he didn't want to hear about it. Then he talked about transitory inflation. As the transitory has lasted for several months, he began to change his tune to talk about contained inflation.
Don't be blinded by Jerome Powell and the Fed. Inflation is here to stay.
Good morning..