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This clip was recorded nearly 11 months ago: Fed Chairman Powell was asked about the state of stagnation and he said he does not see "stagnation" or "inflation". Today, the Fed has raised both its unemployment and inflation forecasts for 2025, while cutting g
This clip was filmed almost exactly 11 months ago: Fed Chairman Powell was asked about the state of stagflation and he said he did not see "stagflation" or "inflation." Today, the Fed has raised both its unemployment and inflation forecasts for 2025, while cutting down the whales GDP growth estimates. Right now we are seeing "stagflation" and "inflation."