Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says

[Riberet19]

Federal Reserve officials appear to have “no idea” what is happening when it comes to the inflation picture in the U.S., according to Julian Howard, lead investment director of multi-asset solutions at GAM.

https://www.cnbc.com/2024/05/22/fed...no-idea-about-inflation-strategist-says-.html

 

[NeoMetallix]

They never have. Bernanke said he saw no problems with subprime mortgages just weeks before the 2008 crash.

Their policies were also the cause of the Great Depression in 1929.

 

[Riberet19]

They never have. Bernanke said he saw no problems with subprime mortgages just weeks before the 2008 crash.

Their policies were also the cause of the Great Depression in 1929.

Yes, it is clear that they do everything backward sometimes on purpose, since they are the first to benefit from crises, one day we will put an end to these unelected bank monopolies.