Interesting comments after the feel-good speech of Powell, yesterday…
Powell says may take more than three years to hit Fed’s inflation goal. … The Fed has said it will not raise interest rates until inflation has exceeded 2% …
I wrote about my concerns regarding this kind of statement only dedicated to markets… And I am not alone.
Costello said : “Anyone who thinks they know what the conditions of the economy will be in three years’ time is kidding themselves,”