Name: Transitory Inflation My A$$ - 0-DTE Podcast #011 - https://0-dte.com/try
Uploaded: 2021-07-14T18:58:25+00:00
Duration: 44 min 25 s
Description: Well, Ernie breaks it down and says it like it is, as Jerome Powell went before congress today to report on monetary policy, and them everything is under control, no need to worry. Just disregard all

4 years ago

Well, Ernie breaks it down and says it like it is, as Jerome Powell went before congress today to report on monetary policy, and them everything is under control, no need to worry. Just disregard all those things going up in price, and ignore the housing market, pay no attention to the employment situation, because it's all transitory. JP says that despite the CPI rising every month over the past 6 months, reaching heights not seen for more than 30 years, it's all good.

No policy change for now.

Semiannual Monetary Policy Report to the Congress
https://www.federalreserve.gov/newsevents/testimony/powell20210714a.htm