Fed's Jerome Powell Warns of Interest Rate Hikes, Inflation, and 'Some Pain'
Federal Reserve Chair Jerome Powell's speech today from Jackson Hole was a huge disappointment to Wall Street. Powell said that Americans must endure 'some pain' in the upcoming fight against inflation. The Fed has chosen to fight inflation, destroy Wall Street and equities, deepen the recession instead of easing rates, boosting the stock market, and causing hyper inflation. Its a no win situation to the death of the dollar, but the Fed is trying to keep that US Dollar alive as long as possible.
#fed #breakingnews #inflation
Keep Your Ear to the Ground, and Your Head on a Swivel.
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Food shortages are here and will get worse. A dying dollar means you will be able to by less. Grow your own food to combat the food shortages.
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