Powell said more restrictions are coming - isn't that too much for you? I don't think he's quite counting on the lag time that the economy is responding to these restrictions...
Powell said more restrictions are coming - isn't that too much for you? I don't think he's quite counting on the lag time that the economy is responding to these restrictions...
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I'd say it's not much. I wouldn't be afraid to tighten my belt at all, quite the opposite. The sooner things get back to normal, the better.
He won't rest until the recession comes. Otherwise, inflation won't get rid of you.
I think he's counting on it, he knows what he's doing best. It's true that he can take his hands off the job and wait another 2 years to see if we can somehow get to 2% inflation, but nobody wants to wait that long and nobody can.