At the IMF Annual Research Conference on November 9, 2023, Chair Powell stated: “The Federal Open Market Committee is committed to achieving a stance of monetary policy that is sufficiently restrictive to bring inflation down to 2% over time; we are not confident that we have achieved such a stance.” My translation from Fedspeak: inflation … Continue reading "Inflation, Deficits and Compounding Debt By Les Nemethy, CEO Euro-Phoenix M&A Advisors Ltd., former World Banker" The post Inflat...
