Powell Drops Economic Nuke, Vows To Slay Inflation Dragon

The Chairman of the Federal Reserve appears to be implying he is willing to significantly hike interest rates from here and knowingly crash the US economy\asset markets in order to bring inflation back down to 2% from its current official rate of 8.3%. This is a blockbuster interview that seems to deny any possibility of a Fed flip flop in the near future. The crash is upon us.

https://www.marketplace.org/2022/05/12/fed-chair-jerome-powell-controlling-inflation-will-include-some-pain/