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The Fed Got Inflation Wong (AGAIN)
From The Desk Of Anthony Pomplianoยท2025-09-25 19:15

People tend to have amnesia when it comes to financial markets. It was only just a few months ago that max fear it was spreading like wildfire all across Wall Street. They swore on their life that tariffs would bring sky-high inflation to American consumers.That hasn't happened. You don't have to believe me either. Federal Reserve Chairman Jerome Powell, the boss, he said it himself yesterday.We're now collecting a good bit of revenue. The federal government collecting a good chunk of revenue, three or 400 ...