Chairman Powell of the Fed tells us the Fed is lost…

by j_stars

Chairman Powell of the Fed explains the Fed’s actions in control of monetary policy and the economy: “As is often the case, we are navigating by the stars under cloudy skies. ”

In other words, Powell is claiming they are lost.

https://www.federalreserve.gov/newsevents/speech/powell20230825a.htm

 

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