Jerome Powell Contradicts Fed's Own Statement, Chaos Ensues - Fedwatch 118
Bitcoin Magazine Podcast
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Is the Fed Trying to Achieve Maximum Employment and Inflation?
I'll be very interested to see how the market responds when the difference between what the Fed is reporting rates are and then what the market is pricing the mat. I mean, it really is fascinating to be sitting here with you over the course of this entire rate increase period. So should I read through the Fed comments, what the dynamic actually says, I think this is interesting for people. All right. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices and broader price pressures. The committee seeks to achieve maximum employment and inflation at the rate of 2% over the longer run in support of 2%, that's an actual change.
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