“The Federal Open Market Committee's overarching focus right now is to bring inflation back down to our two percent goal price stability is the responsibility of the federal reserve and serves as the bedrock of our economy” —Jerome Powell at Jackson Hole this morning.
The Federal Reserve is really powerful:
The Dow Jones fell 1,000 points today… guess who caused that?
This is how powerful Jerome Powell is...
This is how powerful Jerome Powell is...
This is how powerful Jerome Powell is...
The signal, not the noise:
The Federal Reserve is really powerful: