FED Chair Jerome Powell Says US Economy Is “In Strong Shape” as Economy Drops into Recession

Only the elites and the "experts" like Jerome Powell did not see the inflation train coming down the tracks. Only the media and the media didn't see it coming.. Just about everyone else did. Last week Federal Reserve Chairman Jerome Powell told reporters that the current inflation rate was unpredictable

Inflation has risen nearly every month for a year now

• Fed Chair Jerome Powell missed the news that the US economy is in recession after the second quarter downturn.
• Recessions are typically marked by an economy shrinking in back-to-back quarters, measured by gross domestic product, like what we have now
  1. Only the elites and the experts like Jerome Powell did not see the inflation train coming down the tracks.
  2. Last week Federal Reserve Chairman Jerome Powell told reporters that the current inflation rate was unpredictable.
  3. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016.
  4. Apparently, Jerome Powell missed the news that the US economy is in recession after the second quarter downturn.
  5. Earlier today Jerome Powell said the US economy is in strong shape during testimony.

   

 

https://www.thegatewaypundit.com/2022/07/fed-chair-jerome-powell-says-us-economy-strong-shape-economy-drops-recession/