Even Fed’s Powell now admits a #recessions is coming (and that the dollar might need help)
Despite telling the world how the US economy is rock solid and that there’s no sign of a potential recession, now even #JeromePowell is admitting that once a…
Even Fed’s Powell now admits a #recessions is coming (and that the dollar might need help)
Despite telling the world how the US economy is rock solid and that there’s no sign of a potential recession, now even #JeromePowell is admitting that once again he was wrong.
Following in the path of his claim that inflation was transitory, Powell is now admitting that the US may soon enter a recession. Which again seems a bit behind the curve, as most other people on the planet are not concerned about the US potentially entering a recession, but in dealing with the signs that it’s already happened.
The #FederalReserve chairman also had some unusual comments about central bank digital currencies, and how they might be needed to maintain the #dollar’s status as the reserve currency, and to find out more, click to watch today’s show now!
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