Powell’s path to 2% inflation needs luck or, failing that, pain: 'We can’t afford to be fooled again on this, or else it’s going to get beyond us'
Summary by Fortune
Federal Reserve Chair Jerome Powell sees two possible paths for the economy and monetary policy over the next year: With some luck, inflation will cool with the help of more supply. And if that fails, the Fed won’t hesitate to impose a more painful solution.1 month ago
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