Jerome Powell says this economy isn’t as miserable as the 1970s, but ‘maybe that’s just me’

Jerome Powell says this economy isn’t as miserable as the 1970s, but ‘maybe that’s just me’

The Fed chair was asked about stagflation fears but warned that repeated shocks—from tariffs to Iran—could begin to unanchor inflation expectations

Fed Chair Jerome Powell pushed back Wednesday on comparisons between todays economy and the miserable stagflation of the 1970sthough he acknowledged that were in a kind of mini-version. When we use t… [+2952 chars]