The Week That Was (April 11th-April 15, 2021)
"I was wrong about the economy" Alan Greenspan
Peak Inflation?
In the fall of 2018, Powell was under considerable pressure to take decisive action. He did. It ended up being the wrong decision. The Fed has a tradition of doing the wrong thing at the wrong time and it’s usually the result of an elevated CPI figure. Powell, who handled Covid well, could end up tarnishing his tenure if he is too aggress…
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