Fed Chair Jerome Powell draws criticism for admitting ‘how little we understand about inflation’

The comments were made during a European Central Bank forum that was moderated by Bloomberg Editor at Large Francine Lacqua.

I think we now understand better how little we understand about inflation,” 鲍威尔说.

That sounds very reassuring,” Lacqua responded.

“没有, 诚实地, this was unpredictable,” Powell replied.

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我们. President Joe Biden announces the nomination of Federal Reserve Chair Jerome Powell for a second four-year term, in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, 我们。, 十一月 22, 2021. REUTERS/Kevin Lamarque

我们. President Joe Biden announces the nomination of Federal Reserve Chair Jerome Powell for a second four-year term, in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, 我们。, 十一月 22, 2021. REUTERS/Kevin Lamarque

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