
Phyrex|Apr 30, 2025 17:20
There is indeed a 'slow' action force, but there is a reason for it, because inflation is currently the most concerned issue for the Federal Reserve. If it has to choose between inflation and recession, the Federal Reserve's choice is to enter recession to reduce inflation.
So Trump is right to say that Powell is slow, while Powell and the Federal Reserve are "right" to be slow. After all, it is difficult to reduce inflation without recession.
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