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 [...]
COMMENT: MA, OH things are bad out West.. the commodity downturn – oil and gas, basic metals – Iron ore Copper etc…and the housing market is the worst there OF all the Australian states :arrears and non performing past 90days … Continue reading