Dogecoin: DBeS2gHm79fHsxkYWTatbCYonxxc8fQn4M
Bitcoin: bc1qga4p8wxjvc8vx2l9p5y35ac7t0q0jqf8lmsf9y
Monday, September 5, 2022
Federal Reserve Chair Powell Gives Business Leaders at Jackson Hole A Call-To-Action: 'The Fed Won't Lower Prices Until You Do'
If you're wondering what sent the markets into free-fall, it was Federal Reserve Chair Jerome H. Powell's speech. He essentially told a group of business leaders at Jackson Hole that he was going to raise prices on debt until they (business leaders) lowered prices for the average consumer and/or increased wages for the average worker. It didn't go over well.
Subscribe to:
Posts (Atom)