HomeInvestingVolatilityJerome Powell's "Rose Colored Glasses" With April's Inflation At 8.3%
Jerome Powell's "Rose Colored Glasses" With April's Inflation At 8.3%

Johan Grahn talks the current inflation environment, saying Fed Chair Jerome Powell has on rose colored glasses, portraying the situation better than it actually is. He says price inflation and expectations on loss of purchase power continue to fuel wage inflation, and it is now reasonable to conclude pushing the rate to a neutral 2.5% or 3.5% may not be enough. At this point, what the Fed needs is time.

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