Wednesday 29 June 2022 07:09 PM Jerome Powell admits 'we now understand better how little we understand about ... trends now

Wednesday 29 June 2022 07:09 PM Jerome Powell admits 'we now understand better how little we understand about ... trends now
Wednesday 29 June 2022 07:09 PM Jerome Powell admits 'we now understand better how little we understand about ... trends now

Wednesday 29 June 2022 07:09 PM Jerome Powell admits 'we now understand better how little we understand about ... trends now

Federal Reserve Chair Jerome Powell admits 'we now understand better how little we understand about inflation' and insists 41-year high prices were 'unpredicted' 'I think we now understand better how little we understand about inflation,' the chair divulged at the European Central Bank (ECB) Forum in Sintra, Portugal  'This was unpredicted' 'That's not very reassuring,' quipped Bloomberg TV's Francine Lacqua Powell said that there is 'no guarantee' the central bank can tame runaway inflation without hurting the job market 

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Chair Jerome Powell said that the Federal Reserve has over the past year learned 'how little we understand inflation' in remarks Wednesday. 

'I think we now understand better how little we understand about inflation,' the chair divulged at the European Central Bank (ECB) Forum in Sintra, Portugal. 'This was unpredicted.'

'That's not very reassuring,' quipped Bloomberg TV's Francine Lacqua. 

Powell said that there is 'no guarantee' the central bank can tame runaway inflation without hurting the job market. 

Jerome Powell said that the Federal Reserve has over the past year learned 'how little we understand inflation' in remarks Wednesday

Jerome Powell said that the Federal Reserve has over the past year learned 'how little we understand inflation' in remarks Wednesday

'I think we now understand better how little we understand about inflation,' the chair divulged at the European Central Bank (ECB) Forum in Sintra, Portugal. 'This was unpredicted'

'I think we now understand better how little we understand about inflation,' the chair divulged at the European Central Bank (ECB) Forum in Sintra, Portugal. 'This was unpredicted'

He reiterate his hope that the Fed can walk the tight line of reining in inflation without

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