The Investopedia Express with Caleb Silver cover image

Inside the Eye of the Fiscal and Monetary Policy Storm

The Investopedia Express with Caleb Silver

00:00

The Fed's Mistake in Predicting Inflation

There were a number of things that mainly in magnitude, rather than qualitatively, could not have been foreseen. I still don't to this day understand why it took as long as it did. If the Fed was surprised by that, that's a forgivable era. They were certainly surprised by the war in Ukraine. Nobody was predicting that.

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