Jay Powell is pushing the economy to recession. He has made it clear that inflation is his number 1 priority and yesterday he stated that “inflation has not really come down”. Today, the market is still digesting the news and strategists are revising their forecasts.
Fed driving full speed towards a cliff
Fed driving full speed towards a cliff
Fed driving full speed towards a cliff
Jay Powell is pushing the economy to recession. He has made it clear that inflation is his number 1 priority and yesterday he stated that “inflation has not really come down”. Today, the market is still digesting the news and strategists are revising their forecasts.