Powell Testifies Before Congress, will Fight Inflation (and crash economy)
Powell testified before congress on Tuesday during his confirmation hearing regarding his next term. He reiterated the Fed's commitment to withdrawing support from the economy by tapering, raising rates, then shrinking the balance sheet. Unfortunately, the crash that follows will mean the next round of stimulus will be the one that the economy can't handle.
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#EndTheFed #Powell #Inflation
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