Oops no criticism of the fed and biden debasing our currency allowed by Yahoo
The Fed’s official stance is that it will tolerate inflation rising “moderately” above its 2% target, but Powell reassured markets that if prices look like they may run away, policymakers “will use our tools to guide inflation and expectations back down to 2%.”
Still, market watchers are unsure about the component of inflation that may not be temporary: the rebound in spending and demand in the face of unprecedented stimulus from the government and the Fed.
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One day free speech will return to Yahoo
All they can do is raise interest rates and that will further bankrupt the govt by exploding the deficit