Gold Market Isn't Buying Powell's 'Disinflation' Declaration

6:29 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/02/02/gold-market-isnt-buying-powells-disinflation-declaration-002668

According to Federal Reserve chairman Jerome Powell, disinflation is now taking hold. Yes, the very same person who had to walk back his ridiculous pronouncements in 2021 and 2022 that inflation was "transitory" now wants us to believe that inflation is in the process of steadily declining.

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