FAST FIVE: Fed Lie Of The Day: "Low Inflation Is One Of The Major Challenges Of Our Time"
Powell confessed that there is “no easy answer'' to explain why price rises have been so subdued.
Easy Answers The Fed has no easy answers as to why it cannot destroy the purchasing power of the dollar as much as he would like.
Phillips Curve Why the Fed cannot figure out the obvious is not a mystery either.
I addressed inflation expectations in Hello Jerome Powell, We Have Questions.
But as part of its asymmetric policy, the Fed is guaranteed to respond to a sinking stock market.