U.S. Trade Deficit Widens Another $8.2 Billion and Durable Goods Orders Decline
Real Vision: Finance & Investing
00:00
The Fed Can't Do Anything the Supply Side
Powell: We have had extraordinary demand over the past 12 mots on the good side. That is a mean driver of the inflation were seeing, because that has far exceeded the ability of the supply side to meet up with it. But he keeps blaming just the supply side and saying, well, the fed can't do anything the supply side, but the fet still has pedled to the metal on the demand side. When you have zero interest rates, when you've te you're still trying to incentivize people to buy a home or to buy a car.
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