We are not trying to provoke a recession but it is certainly a possibility

We are not trying to provoke a recession but it is certainly a possibility

Hawaii Six O - Gary Wagner We are not trying to provoke a recession but it is certainly a possibility Kitco Commentaries | Opinions, Ideas and Markets Talk Featuring views and opinions written by market professionals, not staff journalists. Now in his second day of testimony Chairman Powell continues to address the exceedingly high level of inflation and the Federal Reserve's effort to curtail it. Currently, core inflation is running at three times the acceptable target of 2%, and the CPI inflation index at 8.6%. Not since the 1980s has inflationary pressure been as consistent and hot as it currently is. While Chairman Powell suggested that the Federal Reserve was well aware of the challenges in front of them but they were prepared and able to bring inflation back to …
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