Originally Posted by
guppie
Fox News is for dummies. It's Powellflation, and it will soon fall like a rock now that Powell is FINALLY taking action.
The Federal Reserve Board conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy
Such ignorance. When did Larry Summers warn of Bidenflation? Before it was Bidenflation, when Biden and Congress were busy spending money like drunken sailors. But you know better than Larry Summers, Treasury Secretary under Clinton, Director of the National Economic Council under Obama. But you know better.
