Friday, March 29, 2024

"Core" Yearly Inflation 2.8%πŸ₯³! Powell: “We need more data.”😢

The entire Marketplace show today was Kai Ryssdal’s interview with Powell, and his first question was an expectant, ebullient, “What was your first thought when you saw the data, huh? huh?" Powell: “It was in line with our expectations.” It took the air out of the entire interview. Powell will get inflation to 2% even at the risk of him being happy. What a fun guy to have lunch with. Jesus.