Krawez: Inflation, the Fed, and a Soft Landing
The Fed recently held their annual Jackson Hole economic symposium where Fed Chair Jerome Powell shared remarks regarding the economy and inflation, which he believes is on a sustainable path back to the Fed’s 2% goal. “The Fed has a really tough job, and I think this speech was a humble victory speech for Chair Powell,” said Brian Krawez, president of Scharf Investments during a recent appearance on Reuters TV. He noted that Powell took a lot of heat when inflation was at 9%, but that the Fed’s data-driven approach and Powell’s leadership should be appreciated given where we are today.
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