How Much Longer Can He Pretend That Recession Is Unnecessary To Bring Down Inflation?
"Powell’s iteration of the Volcker playbook is not working."
Do you remember how many years of rising rates it took in the late 1970s and how high those rates had to get before inflation came down?
I do. :)
"Powell’s iteration of the Volcker playbook is not working."
Do you remember how many years of rising rates it took in the late 1970s and how high those rates had to get before inflation came down?
I do. :)