Today for the first time since the FOMC meeting concluded last week, Chairman Powell held a press conference where he spoke during congressional testimony.
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There is definitely a conundrum when it comes to the Federal Reserve’s handling of current inflationary rates. The Fed made it clear that they would continue to let inflation run hot compared to their previous monetary mandate.
For the first time since the onset of the global pandemic, which began in March 2020, the Federal Reserve began dramatic steps to keep the economy from crashing and then create an accommodative monetary environment for the economy to recover once the vaccin
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