Powell: "We understand better how little we understand about inflation”

Powell: “We understand better how little we understand about inflation”

by Mish Shedlock, Mish Talk: Powell made a shocking statement today at an ECB-sponsored forum on inflation, that the Fed does not understand inflation. The ECB held a forum on inflation earlier today. The attendee list, quotes, and a video follow. ECB Forum Attendees  Jerome Powell: Fed Christine Lagarde: ECB Andrew Bailey: Bank of England […]