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 [...]
Aerial view of a makeshift camp as containers (rear) are put into place to house several hundred migrants living in what is known as the “Jungle”, a squalid sprawling camp in Calais, northern France, January 17, 2016. REUTERS/Pascal Rossignol