Investors closely watched Federal Reserve Chair Jerome H. Powell’s remarks this week for hints about the next interest rate hike. But if you paid attention, you may have noticed something much more significant Powell said. Powell, one of the most powerful policymakers in the world, casually mentioned that he had gotten something wrong. That, in my view, is praiseworthy. Read the full opinion at The Washington Post.

Source: Washington Post December 04, 2022 13:05 UTC