- From channelnewsasia.com|11 hr ago|12 comments
Inflation concerns may very well have delivered Donald Trump to the presidency. During the campaign, he routinely harped on the elevated cost of eggs and bacon and argued that his predecessor Joe Biden – together with Federal Reserve Chair Jerome Powell – had enabled an “inflation nightmare”. Now, he faces public inflation expectations that are utterly ...
- From wolfstreet.com|9 hr ago
Fed Chair Powell, at his testimony before the Senate Committee on Banking, Housing, and Urban Affairs today, included his nearly standard line about longer-term inflation expectations being “well anchored, as reflected in a broad range of surveys of households, businesses, and forecasters, as well as measures from financial markets.” The first three are ...
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