The Fed's inflation projections 'make no sense' and central bankers could have been misled by a cyberattack, Fundstrat says

Dec 19 2022 by Business Insider

 
Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill February 27, 2018 in Washington, DC. Powell testified abou the Federal Reserve's semi-annual monetary policy report to Congress and the state of the economy

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Inflation needs to "explode" this month to meet the Fed's expectations, which is why their estimates "make no sense," Fundstrat said. The research firm estimated...
Continue Reading The Fed's inflation projections 'make no sense' and central bankers could have been misled by a cyberattack, Fundstrat says