Jerome Powell has had it with the 1970s talk, saying he doesn’t see the ‘stag’ or the ‘-flation’ investors are worried about

https://fortune.com/2024/05/01/jerome-powell-stagflation-1970s-inflation-economic-growth-interest-rates/

by FUSeekMe69

6 comments
  1. He’s not paying his staff more, so inflation doesn’t exist!

  2. He is trying to keep his job in an election year and keep his options open post elections.

  3. See no -flation.

    Hear no -flation

    Say no -flation

  4. Well I was not sure before but it’s looking almost a certainty that it’s stag flation. When Powell has to say it’s not it means it is.

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