Jerome Powell on Stagflation
“I don’t see the ‘stag’ or the ‘-flation’,” Fed Chairman Jerome Powell said during his Wednesday address. Powell believed inflation would be “transitory.” He believed that the economy would come [...]
FXStreet has named Martin Armstrong the Forex Person of the Year for his 2015 forecasts on currencies. Quoting from an interview: “We will see the same crisis hit the Swiss franc peg to the euro. Devaluations take place BECAUSE currencies must be … Continue reading