The chair of the Federal Reserve is Wrong, and this is why …

At the virtual “Macroeconomic Policy in an Uneven Economy,” symposium on August 27th in Jackson Hole, Wyoming (the very best place to host a virtual symposium), the Chair of the Board of Governors of the Federal Reserve, Jerome H. Powell, summed up his presentation by stating that, “the baseline outlook is for continued progress toward …

The chair of the Federal Reserve is Wrong, and this is why … Read More »