Powell's Political Mistake in Predicting a Recession

Powell said that the economic outlook for the year was looking pretty uncertain. He admitted that we had the worst inflation of 40 years and that's why interest rates weren't necessary. And he then even went further and said that it was necessary to cool off the labor market specifically because that's how you combat inflation. So I think this is certainly a political mistake for Powell to say that his objective here is to hurt the wages of the American people"