Why April’s Inflation Data Proves the Fed Is Chasing Ghosts
InvestorPlace - Stock Market News, Stock Advice & Trading Tips I have been saying this for a while now, but I think the Federal Reserve is fighting a mythical “boogeyman” that doesn’t exist. According to Fed Chairman Jerome Powell, the Fed wants “greater confidence” that inflation is cooling. And not just in headline numbers, but in core services and housing, where inflation has remained stubbornly… The post Why April’s Inflation Data Proves the Fed Is Chasing Ghosts appeared first on InvestorPlace.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
I have been saying this for a while now, but I think the Federal Reserve is fighting a mythical “boogeyman” that doesn’t exist. According to Fed Chairman Jerome Powell, the Fed wants “greater confidence” that inflation is cooling. And not just in headline numbers, but in core services and housing, where inflation has remained stubbornly…
The post Why April’s Inflation Data Proves the Fed Is Chasing Ghosts appeared first on InvestorPlace.
